Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday
The Bank of Canada raised its key interest rate by half a percentage point on June 1, bringing it to 1.5 per cent. Since then,
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Douglas Porter
UPDATED: Inflation sets fresh three-decade high at 6.8% in April with little sign of cooling
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
‘I’m losing sales’: As Ottawa’s inflation rate soars, businesses are feeling the pinch
Capital’s annual rate of inflation hit 7.5 per cent in March, Statistics Canada said Wednesday, and local entrepreneurs say it’s getting harder and harder to
UPDATED: Bank of Canada hikes key interest rate
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation,
Hot housing market drives 2021 economic growth
The country’s hot housing market drove economic expansion last year as the economy grew 4.6 per cent in 2021, Statistics Canada said Tuesday.
Annual inflation rate hits 30-year high, raising pressure on Bank of Canada
Statistics Canada reported Wednesday that the annual pace of inflation climbed in December to 4.8 per cent, a pace that hasn’t been seen since September
Ottawa-Gatineau’s unemployment rate dips to 7.1% in July
Ottawa-Gatineau employers added more than 6,000 new jobs to their payrolls last month as the economy continued to pull out of a pandemic-fuelled downturn.
Ottawa to remain a ‘strong seller’s market’ for homes in 2021, Royal LePage says
After a year that saw home average home prices jump 20 per cent, Ottawa homebuyers can expect little relief in the months ahead, according to
Bank economists share optimism for 2020, despite international uncertainty
Canada’s top bank economists predict the country will see a few bright spots in 2020, even as the globe grapples with uncertainty in the Middle
Ottawa’s inflation rate up 2.1 per cent in July
Ottawa’s annual rate of inflation crept slightly higher than the rest of the country in July, as national prices rose in line with Bank of
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