Digital news media publication
Ottawa/IBNS-CMEDIA: The Bank of Canada kept its target for the overnight rate unchanged at 2.25%, as policymakers weighed the economic fallout from geopolitical tensions, volatile energy prices and softening domestic …
Read More
Toronto/IBNS-CMEDIA: Canada’s housing market opened 2026 on a sobering note, with home sales and prices declining even as the Bank of Canada maintained its benchmark interest rate, underscoring persistent weakness …
Read More
Ottawa/CMEDIA: With the addition of 67,000 jobs in Oct to the economy, Canadian unemployment rate fell to 6.9 in Oct against economists’ labour market expectations for a second month in …
Read More
Toronto/CMEDIA: Lowering its interest rate reportedly only by 25 basis points to three percent yesterday, The Bank of Canada justified its helplessness to do more to negate the economic impact …
Read More Ottawa/CMEDIA: The Bank of Canada raising its benchmark interest rate by half a percentage point to 1.5 percent on Wednesday was widely expected as inflation had hit 6.8 percent in …
Read More