Bank of Canada/OSFI pilot helps Canadian financial sector assess climate change risks
The Bank of Canada and Office of the Superintendent of Financial Institutions (OSFI) today released the results of a pilot project on climate scenario a...
The Bank of Canada and Office of the Superintendent of Financial Institutions (OSFI) today released the results of a pilot project on climate scenario a...
Governor Tiff Macklem has said that the path of interest rates will be determined by an array of indicators. We’ve done our best to reverse engineer what Macklem’s dashboard looks like Bank of Canada Governor Tiff Macklem has one objective: managin...
November's estimated rise would bring the economy almost back to pre-pandemic levels The economy is growing at a strong pace in the last months of 2021, priming it to handle some of the damage inflicted by the raging Omicron variant of COVID-19 whi...
Canada last year switched immigration strategies, targeting temporary residents already in the country and converting them to permanent residency Canada has welcomed more than 401,000 permanent residents in 2021, achieving its goal set last year, a...
Households appear keen to shop: Sales grew 1.6 per cent from September, to $57.6 billion, the second highest on record Retail sales rebounded in October, further evidence that Canada’s economy will be facing the fifth wave of COVID-19 infections wi...
Employers are offering more pay to fill positions, a boost for workers that could be wiped out if companies raise prices Jobs vacancies surged to a record in the third quarter, and wage growth exceeded inflation in about half of the occupations tha...
In the next budget — certainly in the next auditor-general’s report — it would be useful to see how much the terminological task force is costing taxpayers The most annoying thing about this week’s federal economic and fiscal update from Finance Mi...
Governor Tiff Macklem speaks about the Bank of Canada’s monetary policy framework review and the agreement between the Government of Canada and the Bank to renew the...
'While today's fiscal news can be characterized as moderately positive, the main message is stay tuned' Finance Minister Chrystia Freeland’s fall update on the economy revealed government finances are in better shape than previously projected. The...
COVID-19 supports produced the highest deficit since Second World War last year OTTAWA — Canadian Prime Minister Justin Trudeau’s government will outline new fiscal and economic forecasts in a document to be released on Tuesday as inflation surges...