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Finance
Banks sound notes of caution as outlook worsens
TORONTO — Canada's Big Five banks all sounded notes of caution in releasing results this week as pressure builds on the economy,…
Experts see parallels between 1970s inflation crisis and today
CALGARY — Winnipeg's Barry Prentice was in his 20s when the spiralling inflation of the 1970s followed by double-digit interest…
April jobless rate drops as economy adds 1,000 jobs
OTTAWA — Statistics Canada says the jobless rate fell in April to another record low as employment was little changed for the…
Economy grew 1.1 per cent in February
OTTAWA — Statistics Canada says real gross domestic product rose 1.1 per cent in February to post its largest monthly gain since…
Key interest rate could go up another half point: central bank
OTTAWA — Canada's key interest rate could go up another half percentage point in June to help wrestle inflation under control,…
Budget 2022: Feds eye growth with $56 billion in new spending
OTTAWA — The federal Liberals have delivered a budget that looks to take advantage of a boom in economic growth that has padded…
Jobless rate falls as economy adds 72,500 jobs in March
OTTAWA — Statistics Canada says the unemployment rate in March fell to its lowest rate on record, falling to 5.3 per cent from 5.5…
Economic dangers from Russia’s invasion ripple across globe
WASHINGTON (AP) — Moscow’s war on Ukraine and the ferocious financial backlash it’s unleashed are not only inflicting an economic…
Interest rates, inflation key trends amid banks earnings reports
TORONTO — Investors watching bank earnings that start this week will be keeping a keen eye on any hints at how the institutions…
Bank of Canada keeps key interest rate target on hold
OTTAWA — The Bank of Canada kept its key interest rate on hold Wednesday, but warned higher interest rates are coming to help it…
Supply chain disruptions seen as key cause of inflation
OTTAWA — Newly released documents show the Finance Department last year warned that the pace of price increases could gain speed,…
Economy added 55,000 jobs, unemployment rate 5.9 per cent
OTTAWA — The Canadian economy added 55,000 jobs in December before COVID-19 cases began spiking at the end of the month,…