Inflation’s surprise jump could push Bank of Canada to pause rate cuts
A surprise jump in inflation and a flood of “noise” in the economy may push the Bank of Canada to pause its interest rate cuts
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Tu Nguyen
Canadian recession looms this year if U.S. tariffs stay in place: economists
Economists say the Canadian economy is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday morning remain in place.
Business groups call for unity as Trudeau announcement creates uncertainty
Prime Minister Justin Trudeau’s plan to step down has business experts warning about the heightened uncertainty it has created and the need for a unified
Canadian business leaders say Freeland’s resignation adds uncertainty to trade talks
Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada without a “quarterback” at a critical moment for
Bank of Canada cuts key interest rate for first time in more than four years
The Bank of Canada cut its key interest rate for the first time in more than four years today, marking a major turning point in
Tech industry expecting more layoffs, but companies say hiring coming too this year
Tech’s biggest names spent last year in layoff mode and if the last few weeks are any indication, that pattern is continuing into this year.
Ottawa-Gatineau’s unemployment rate remains 4.6% in December
Ottawa-Gatineau’s job creation engine stalled in December as the unemployment rate held steady at 4.6 per cent amid slowing economic growth. Statistics Canada said Friday
Statistics Canada says annual inflation rate slowed to 3.1% in October
The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell,
Economists see Bank of Canada holding on rates after surprise GDP contraction
Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada’s rate hiking campaign may be
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.
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