Economists expect December inflation ticked up, trend still points to slowdown
Economists are forecasting Canada’s inflation rate likely ticked up last month, but that isn’t expected to set off alarm bells as long as underlying price
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Inflation holds at 3.1% in November as progress in tamping down price growth stalls
Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
Forecasters more certain interest rate hikes are over as recession talk grows over GDP numbers
The Canadian economy remained flat in August and a preliminary estimate from Statistics Canada suggests it shrank in the third quarter.
BoC expected to hold key interest rate steady at 5% amid ‘sluggish’ economy
The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates
Ottawa Senators bank on new jersey sponsorship deal with CIBC
New Ottawa Senators president and CEO Cyril Leeder wasted no time making good on his pledge to bolster the NHL team’s ties to the broader
Canada’s inflation rate jumps to 4%, making the BoC’s next rate decision harder
gher gasoline prices drove Canada’s inflation rate to 4.0 per cent in August, making it the second month in a row inflation has risen.
National Capital Region’s unemployment rate ticks up to 4.8% in August: StatCan
Ottawa-Gatineau’s unemployment rate rose again in August as the region’s workforce continued to grow faster than the number of new jobs, Statistics Canada said Friday.
Economists expect rise in inflation as price growth fight enters new phase
Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines
BoC raises key interest rate to 5%, expects slower return to inflation target
The Bank of Canada raised its key interest rate by a quarter of a percentage point this morning, bringing it to 5 per cent.
Labour shortage in construction adding extra pressure to housing supply gap: experts
The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse.
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