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With the global economy continuing to expand, the Bank of Canada cut its key interest rate Wed from 4.25 per cent to 3.75 percent. This fourth rate cut in a row of half a …
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CMEDIA/Toronto: The Canadian labour market’s addition of 47,000 jobs in Sept led to the decline of the unemployment rate for the first time since January to 6.5, Statistics Canada reported …
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Ottawa/CMEDIA: Owing to higher prices of groceries, services including tours and air travel, Canada’s annual inflation rate rose to 2.9 percent in May, Statistics Canada reported on Tuesday. While the …
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Toronto/CMEDIA: Canada’s inflation outlook leads the Bank of Canada to hold its policy rate at 5 percent on Wednesday, The bank said in a note on its website. The Bank …
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Canada job increase. Image credit: Unsplash/The Jopwell Collection Ottawa/CMEDIA: Canada experienced a larger-than-expected unemployment fall by 5.7 percent last month, Statistics Canada reports said. Statistics Canada’s labour force survey released …
Read More Bank of Canada. Image credit: Wikimedia Commons #CanadaEconomy; #CanadaInflation; #BankOfCanada; #InterestRateSteady With Canada’s economy reportedly showing more and more signs of cooling, the Bank of Canada opted to hold its …
Read More Ottawa/CMEDIA: The Bank of Canada has made the cost of borrowing more expensive by raising its policy interest rate by 25 basis points amounting to 5% for the 10th consecutive time, the highest it’s been …
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Representative Image of Canada’s cooling economy. Image credit Unsplash/Towfiqu Barbhuiya Ottawa/CMEDIA: Strong bounce back of the Canadian economy reportedly at the start of the year appears to have been short-lived, …
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Ottawa/CMEDIA: Even though many months have passed since King Charles III assumed his new role as monarch, Canada has not yet updated its currency to include images of the new sovereign. Following the …
Read More Bank of Canada. Image credit: Wikimedia Commons Ottawa/CMEDIA: Canadian banks would be readily guarded from a global financial crisis by the Bank of Canada if the current banking crisis in the U.S. …
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