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.
Skip to content
Tiff Macklem
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.
What slowdown? Economy continues to outperform, raising odds of rate hike next week
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the
Annual inflation rate edged up in April, raises chances of higher interest rates
Statistics Canada said Tuesday the annual pace of inflation rose in April for the first time since it peaked in June last year.
BoC might have to rethink rate pause as unemployment remains very low: economists
Statistics Canada’s latest labour force survey released Friday says the unemployment rate held steady at 5.0 per cent for the fifth consecutive month.
BoC expected to hold interest rate next week, one year after aggressive cycle began
One year after the Bank of Canada’s aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding
High gas prices may have curbed downward inflation trend in January: economists
Economists have been encouraged by recent month-to-month trends, which have shown prices have been rising at a slower pace.
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.
Slowing growth a ‘good thing’ when economy is overheated: BoC’s Macklem
Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is
Bank of Canada governor says rate hikes are working but it needs to stay the course
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn’t taking any chances in its efforts to
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
EXPERT BLOGS
Sueling Ching
