The Bank of Canada is set to make its final interest rate announcement of the year this morning. Forecasters are widely expecting a half-percentage point interest rate cut. That would…
Canada’s failure to tackle youth unemployment could result in an $18.5-billion loss in GDP by 2034, according to a new report from The King’s Trust. The report, titled Failure to…
By Nojoud Al Mallees The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot…
Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week. The central bank’s…
By Rosa Saba Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate. “We are looking for…
Deloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025. In…
Nova Scotia economist Lars Osberg’s latest book on the widening gap between the very richest and the rest argues the trend is creating disappointed Canadians prone to distrusting one another…
The Consumer Price Index (CPI) increased by 2.5% in July 2024 compared to the same month last year, marking the slowest rate of inflation since March 2021, according to data…
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process.…
The Bank of Canada is set to announce its interest rate decision this morning as economists widely expect a rate cut. Forecasters say slowing inflation and a weak economy justify…
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