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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 …
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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. …
Read More Toronto/CMEDIA: The Bank of Canada released on Wedneaday a summary of meetings of its Governing Council made up of six members including Bank of Canada Governor Tiff Macklem and his deputies …
Read More Ottawa/CMEDIA: Benchmark interest rate has been raised by the Bank of Canada by 25 basis points to 4.5 percent. It is expected that the bank’s governing council would reportedly hold …
Read More Bank of Canada. Image credit: WikimediaCommons Toronto: According to the expectations of the Economists there would be another aggressive interest rate hike by the Bank of Canada next week after …
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