News

Bank of Canada decision up in air as GDP signals 'frail' economy
The headline economic growth numbers for Canada released Friday may have been surprising, but the underlying figures show a ...
The Canadian Press on MSN1d
Bank of Canada expected to hold key rate after surprise Q1 GDP jump
OTTAWA — Statistics Canada says the economy outperformed expectations in the first quarter of the year as businesses raced to ...
End of carbon tax slows Canada's headline inflation rate but hides 'much less friendly' core data
Analysts had expected a significant slowdown in April, with expectations for the annual rate to fall to 1.6 per cent, ...
Investopedia12mon
Why Did Canada Cut Interest Rates Before the US?
David Kawai / Bloomberg via Getty Images Update, June 6, 2024: This story has been updated to reflect that the European Central Bank cut rates as expected Thursday. Canada cut its interest rate ...
U.S. News & World Report1mon
Bank of Canada Holds Rates, Says It Will Act Decisively if Need Be
OTTAWA (Reuters) -The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said it would be ready to act decisively if needed to keep ...