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
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YSB Foundation launches Rise & Thrive Breakfast to give all youth ‘fighting chance’
Yesterday’s inaugural Rise & Thrive Breakfast in support of the YSB Foundation was everything that an early-morning fundraiser should be: bright, bold and cheerful, as
Self-employment pulls back as younger Canadians shy away from entrepreneurship: RBC
Younger Canadians don’t want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.
As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC
Canada’s annual inflation rate rose to 3.3 per cent in July as worries grow that progress on getting prices under control will stall.
Economy grew in May despite wildfire effects, looks to have slowed in June: StatCan
The economy grew by 0.3 per cent in May despite pressure from wildfire-hit oil and gas, per Stats Can, but seemed to slow in June.
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.
RBC Bluesfest enjoys strong opening with global superstar Shania Twain
Superstar Shania Twain was a hit as the headlining musical performer during the opening night of RBC Bluesfest at LeBreton Flats Park on Thursday.
Bank of Canada expected to raise rates next week, despite rise in unemployment rate
The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth slows, but with another solid job gain
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.
Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike
Statistics Canada says the country’s inflation rate fell to 3.4 per cent in May — the lowest it’s been since June 2021.
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