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Macklem says economy still overheated and jobs market is too tight
Statistics Canada’s most recent labour force survey revealed the economy added 150,000 jobs last month as the unemployment rate hovers around record-lows.
Inflation relief measures should be well targeted and temporary, says Macklem
The federal government along with provincial governments have responded to high inflation with measures aimed at softening the blow on Canadians’ finances.
Rogers CEO defends outage response to MPs at committee hearing
Tony Staffieri faced questions from MPs about whether a lack of competition in the telecom sector might have contributed to the massive Rogers outage earlier
Economy gains momentum with 1.1% GDP growth in February, best month since March 2021
The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized
Key interest rate could soon go up another half percentage point, central bank says
The governor of the Bank of Canada is signalling Canada’s key interest rate could go up another half percentage point in June to help wrestle
Federal Liberals set to deliver budget on April 7, Freeland tells House of Commons
Freeland tells the House of Commons she will unveil the government’s spending plans on April 7 in a document that has been expected to focus
Visiting Canadian leaders doing U.S. damage control as rail dispute hits supply chain
Goldy Hyder, president and CEO of the Business Council of Canada, said U.S. lawmakers and counterparts – even White House officials – have been worried
Ottawa-area pot firm Canopy Growth gains ‘clarity’ from marijuana legalization report
The Ottawa-based CEO of one of Canada’s largest marijuana firms is lauding yesterday’s federal report that recommends how the Liberal government proceed with its plans
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