Bank of Canada expected to hold key rate steady
OTTAWA — The Bank of Canada will say this morning what it will do with its key interest rate at a time when there is very little…
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Canadian economy
Canada adds 246,000 jobs in August
OTTAWA — Statistics Canada says the economy added 246,000 in August as the pace of job gains slowed compared with July, when…
Canadian economy posted record drop due to pandemic
OTTAWA — Statistics Canada says the economy posted its steepest decline on record in the second quarter as the COVID-19 pandemic…
Economy shows signs of recovery: RBC
TORONTO — Royal Bank of Canada believes the next few months will be difficult for the economy, despite detecting signs of a…
As Freeland takes finance job, crisis will dictate spending plans, experts say
OTTAWA — Perrin Beatty was on his way home from the office when his phone rang. It was Chrystia Freeland, who 24 hours earlier had…
Economy posted 11.6 per cent plunge in April
OTTAWA — Statistics Canada says the economy saw its largest monthly drop on record in April as it came to a near standstill due to…
Financier predicts new respect for oilpatch as Canada recovers from pandemic
Calgary energy investor Mac Van Wielingen says there's an opportunity for the oil and gas sector to regain public respect and…
Government promises $82 billion in economic supports in COVID 19 fight
OTTAWA — Prime Minister Justin Trudeau says the federal government will spend up to $82 billion to help every Canadian get through…
Budget watchdog slashes economic growth projections, blames temporary factors
OTTAWA — Canada's budget watchdog says economic growth during the final quarter of 2019 will be "significantly weaker'' than…
Inflation rate hits 1.9 per cent amid lower gas prices
OTTAWA—The annual inflation rate was 1.9 per cent in September for a second-straight month, keeping the indicator close to the…