The Bank of Canada is holding its key interest rate at 2.25 per cent, a move that was widely expected by economists after an ...
Increases to tax bracket thresholds and non-refundable credits will take effect on Jan. 1, while changes to income-tested benefits such as goods and services tax credit, the Canada Child Benefit and ...
Canadian consumer prices accelerated for the first time in four months and underlying price pressures firmed, likely keeping the central bank from cutting interest rates later this month. The consumer ...
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Canada Inflation Eases to 2.2% in October
OTTAWA—Annual inflation in Canada cooled as expected in October as drivers paid less at the pump, but stickiness in core measures helps cement expectations that interest rates won’t be cut again any ...
Canadian CPI data came out today, and the general trend is that it is bouncing around “normal levels” for an expansion. Grocery prices have been trending higher on a year-over-year basis (4%) since a ...
OTTAWA--The pace of inflation in Canada picked up last month but with no flare-up in underlying price pressures, expectations remain high the central bank will resume cutting interest rates this week.
Inflation in Canada cooled less than expected last month, supporting the Bank of Canada’s plan to move to the sidelines after back-to-back rate cuts.
OTTAWA—Senior Bank of Canada officials believed a rate cut was warranted even though upside risks to inflation remained intact, according to minutes published Wednesday by the central bank. Statistics ...
OTTAWA (Reuters) -Ahead of the Bank of Canada's rates decision on October 29, Governing Council decided to look through "choppy" annual inflation data and consider underlying indicators, minutes of ...
OTTAWA--The pace of inflation in Canada cooled last month, offering some hope the central bank will resume lowering interest rates to help revive a sluggish economy being held down by trade ...
Markets are underestimating how much more monetary stimulus the Bank of Canada (BoC) will deliver, argues Desjardins Group economist Royce Mendes, who dismisses the prevailing fears of “sticky” core ...
OTTAWA—The Bank of Canada on Wednesday cut its benchmark interest rate by a quarter percentage point to 2.5%, trying to add juice to an economy squeezed by the Trump administration’s shift in U.S.
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