Ottawa’s annual inflation rate up to 2.5% in December
Ottawa’s annual inflation rate jumped to 2.5 per cent in December, one of the highest rates of any major Canadian city, Statistics Canada said Friday.
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Bank of Canada
Bank of Canada holds interest rate, views oil slump as temporary soft patch
The Bank of Canada left its trend-setting interest rate unchanged at 1.75 per cent Wednesday as the sharp decline in oil prices temporarily dims its
Ottawa inflation rate up 2.1 per cent in November
Ottawa’s annual pace of inflation again surpassed the rest of the country in November, according to a Statistics Canada report released Wednesday. The capital’s annual
Bank of Canada holds interest rate at 1.75%; keeps eye on oil slump, investment
The Bank of Canada is leaving its interest rate unchanged and says the timing of future hikes will depend on factors such as how long
Five Canadian business stories to watch this week
More bank earnings BMO Financial Group releases its fourth-quarter and year-end results on Tuesday and National Bank of Canada reports its results on Wednesday to
Statistics Canada says pace of Canadian economic growth slowed in third quarter
The pace of economic growth in Canada slowed in the third quarter as business investment spending moved lower and the growth in household spending slowed,
Canadians should get used to idea of 3 per cent interest rates: Poloz
Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now
Bank of Canada hikes rate as economy stays strong, trade uncertainty recedes
The Bank of Canada hiked its trend-setting interest rate Wednesday as the resilient economy hums along and a big source of trade uncertainty is finally
Central bank hikes rate, says tariffs already in place to have modest impact
The Bank of Canada raised its benchmark interest rate Wednesday in an economy that it predicts will remain resilient even as it faces an even
Central bank raises key metric used to determine mortgage eligibility
The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests
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