Canada’s annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said...
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions...
By David Ljunggren and Promit Mukherjee OTTAWA, June 24 (Reuters) – There is enough slack in the Canadian labor market to allow for growth and the...
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. Bank governor Tiff Macklem said in opening remarks...