The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched broad-based gains and the Bank ...
There are “compelling reasons” to expect another Bank of Canada (BoC) interest rate cut in March, in spite of recent economic ...
The Bank of Canada’s decision on whether to continue cutting interest rates faces new challenges. While inflation slowed to 1.9 percent in January, according to Statistics Canada, economists estimate ...
“Increased trade friction with the United States is a new reality,” he warned Friday, adding that “Unlike the pandemic, if tariffs persist there will be no economic bounceback,” noting that tariff ...
While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a ...
The Bank of Canada's governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level ...
The Canadian Press on MSN13h
Central bank has limited tools to mitigate trade war: MacklemBank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the ...
While retaliatory tariffs would likely represent one-time increase in the level of prices, the governing council saw the risk ...
The Canadian Press on MSN3d
Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as ...
TD Securities scaled back its call for interest rate cuts from the Bank of Canada, citing improving economic data.
Despite headwinds such as elevated interest rates and rising unemployment, consumer spending in Canada held up last year. As ...
Canada’s tax holiday ran for two months but it probably felt much shorter, and with good reason. Statistics Canada (Stat Can) data shows the Consumer Price Index (CPI) accelerated in January. The ...
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