BoC expected to hold interest rate this week, even as economy keeps some steam
The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite other data suggesting the
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Douglas Porter
Inflation in Canada continues to slow, reaffirming BOC’s rate pause
Statistics Canada said Tuesday its consumer price index in February was up 5.2 per cent compared with a year earlier.
Bank of Canada holds key rate for first time in a year, leaves door open to hikes
The central bank said Wednesday that it has decided to hold its key rate at 4.5 per cent based on its assessment of recent economic
Home sales in Canada post worst start to the year since 2009: CREA
The drop came as January sales also fell on a month-over-month basis as they dropped three per cent compared with December.
What tech layoffs, temporary foreign workers and boomers mean for the labour force
Neither layoffs hitting tech companies nor a shortage of workers seem to be weighing heavily on the country’s jobs numbers.
Resilient economy may muddle inflation fight, recession still expected: economists
Canadian households and the overall economy have proven surprisingly resilient in the face of rising interest rates, said senior economists from the big banks.
Ottawa-Gatineau’s unemployment rate holds steady at 4.5% in December: Statistics Canada
The Canadian economy added 104,000 jobs in December as the unemployment rate fell slightly to 5.0 per cent, Statistics Canada said Friday.
Canada’s annual inflation rate fell slightly to 6.8% in November
Grocery prices climbed at a faster annual rate in November. The federal agency said prices rose 11.4 per cent annually, up from 11 per cent
Canada’s hotter than expected inflation reading sets stage for another rate hike
In its latest consumer price index report, Statistics Canada said the slight deceleration from 7.0 per cent inflation in August is mostly attributed to lower
Canadian economic growth lags expectations in Q2; July estimate points to contraction
The Canadian economy grew at an annual rate of 3.3 per cent in the second quarter, bringing the quarterly reading below estimates and an early
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