Daily News

GDP seen up 0.8% in February, 0.2% in January OTTAWA — The Canadian economy likely gathered momentum in February, growing for a ninth consecutive month after a January gain, data from Statistics Canada showed on Thursday, prompting economists to re...

Combination of higher inflation, rising interest rates and uncertainty surrounding the war starting to weigh on consumers Canadian consumer sentiment tumbled to its lowest level in more than a year as Russia’s invasion of Ukraine and surging inflat...

Deputy Governor Sharon Kozicki talks about why differences in income, wealth and debt across households are important for the economy and what the Bank of Canada wil...

The Bank of Canada announced today it has officially begun a one-year term as chair of the Central Bank Network for Indigenous Inclusion (CBNII). The CBNII was es...

Canadian retailers posted stronger-than-expected revenue gains in January, though business waned in February, according to data from the country’s statistics agency. Sales jumped 3.2 per cent in January, led by a pick-up in auto sales but with...

The Bank of Canada and the Massachusetts Institute of Technology (MIT) today announced an agreement to collaborate on a twelve-month research project on Central Bank...

The government is set for an even bigger revenue windfall than it projected in December Surging commodity prices are giving Finance Minister Chrystia Freeland breathing room to deliver on spending demands in next month’s budget without pushing Cana...

Kevin Carmichael: The latest CPI numbers will stoke speculation that the Bank will play catch-up and raise its rate by half a point in April Inflation in February accelerated from a rate that was already way too fast, adding to the pressure on Bank...

Kevin Carmichael: The case for higher interest rates was strong before these jobs numbers. It is even stronger now Canada’s economy had a February for the ages. Employers created 337,000 jobs in February, recouping the 200,000 positions that...

Groups known to have experienced more isolation or work inflexibility during the pandemic were more likely to respond positively about the demonstrators Canadians have little sympathy for the erstwhile protesters who occupied downtown Ottawa for we...