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Finance
BoC to raise interest rate before reducing bond holdings
Bank of Canada governor Tiff Macklem says the central bank plans to increase interest rates before it reduces the size of its…
Economy added 90,000 jobs in August: StatisCan
OTTAWA — Canada's economy added 90,000 jobs in August, the third consecutive monthly increase, Statistics Canada reported Friday.…
Bank of Canada keeps key interest rate target on hold
OTTAWA — The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and…
Bank of Canada to announce interest rate decision
OTTAWA — The Bank of Canada will make its latest interest announcement this morning.
Economists expect the central bank…
National Bank reports $839 million third quarter profit
MONTREAL — National Bank of Canada topped expectations as it reported its third-quarter profit rose to $839 million.
The…
The recovery begins
From the October 2021 print edition
At the time of writing, more than 80 per cent of Canadians have received at least one dose…
Auto parts producers warn of supply issues
TORONTO — Canadian auto parts suppliers say the chip shortage that has created havoc in the industry and shortages at dealerships…
IMF forecasts six per cent global growth this year
WASHINGTON (AP) — The International Monetary Fund is sharply upgrading its economic outlook this year for the world's wealthy…
Bank of Canada will act to cool inflation if prices run too hot
OTTAWA — The governor of the Bank of Canada says the central bank will rein in inflation if temporary price pressures stubbornly…
Canada’s economy added 230,700 part-time jobs in June
OTTAWA — Statistics Canada says the economy added 230,700 jobs in June as restrictions put in place to slow the pandemic were…
Annual inflation rate hits 3.4 per cent in April
OTTAWA — Statistics Canada says the annual pace of inflation in April rose to its highest level in nearly a decade as gasoline…
US Consumer prices shot up 0.8 per cent
WASHINGTON (AP) — A worrisome bout of inflation struck the economy in April, with US consumer prices for goods and services…