‘Very difficult position’: Bank of Canada expected to cut rate amid trade uncertainty
The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.
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National Capital Region’s unemployment rate falls to 5.5% in February
The National Capital Region’s unemployment rate fell slightly in February as the local economy’s job gains outpaced a slight bump in the size of the
Canadian recession looms this year if U.S. tariffs stay in place: economists
Economists say the Canadian economy is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday morning remain in place.
BoC cuts interest rate by quarter point to 3% as tariffs threat loom
The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy
Economists expecting sixth straight — but more modest — rate cut from Bank of Canada
Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada’s annual inflation rate ticked lower in December, thanks in part to Ottawa’s temporary GST tax break, but economists still see interest rate cuts on
Trump’s tariff threat weighing on Canadian businesses: BoC survey
Nearly a quarter of Canadian businesses expect their costs to rise with Donald Trump set to take office today, according to a new survey from
Canada’s inflation rate down a tick to 1.9% in November
Inflation edged down slightly to 1.9 per cent in November as price growth continued to stabilize in Canada. Statistics Canada’s consumer price index report Tuesday
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
The Bank of Canada lowered its key interest rate by half a percentage point on Wednesday but signalled a slower pace of rate cuts moving
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