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Finance
Household debt-to-income ratio climbed in third quarter
OTTAWA — Statistics Canada says the amount Canadian households owe relative to their income rose in the third quarter.
The…
Bank of Canada hikes key rate by half percentage point
OTTAWA — The Bank of Canada hiked its key interest rate by half a percentage point Wednesday to 4.25 per cent — the highest it's…
Inflation rate was unchanged in October
OTTAWA — Canada's annual inflation rate held steady at 6.9 per cent last month.
After declining for several months, Statistics…
Bank of Canada raises interest rate by half-percentage point
OTTAWA — The Bank of Canada hiked its key interest rate by half of a percentage point today and said rates will need to rise…
Canada’s inflation rate drops slightly in September
OTTAWA — Canada's annual inflation rate dropped slightly to 6.9 per cent in September but the cost of groceries continues to…
IMF warns of higher recession risk and darker global outlook
WASHINGTON (AP) — The International Monetary Fund is once again lowering its projections for global economic growth in 2023,…
Canadian economy grew slightly in July
OTTAWA — The Canadian economy grew slightly in July with the latest reading on real gross domestic product coming in higher than…
Canada’s inflation rate cools in August
OTTAWA — Canada's annual inflation rate slowed to 7.0 per cent in August largely driven by the price of gasoline falling, but the…
Bank of Canada to raise interest rate for fifth time
OTTAWA — Inflation appears to have peaked but it's still running hot and a supersized rate hike from the Bank of Canada next week…
BoC expected to raise interest rate for fifth time
OTTAWA — Inflation appears to have peaked but it's still running hot and a supersized rate hike from the Bank of Canada next week…
What, me worry?
From the August 2022 print edition
When I was a kid, I flat-out loved Mad Magazine. My guess is that many of you reading this…
Canada’s inflation rate slows to 7.6 per cent in July
OTTAWA — Canada's year-over-year inflation rate slowed to 7.6 per cent in July, with the deceleration largely driven by a decline…