Interest Rate
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Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goalAugust's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.CanadaSep 19
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Home sales fell in August. Why that might be good news for buyersCanadian home prices are stabilizing heading into the fall, CREA said Friday, as higher interest rates cool demand among buyers and the level of new listings grows.MoneySep 15
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Canadians are borrowing less and getting paid more amid higher interest ratesGrowth in disposable income is helping to offset the impact of higher interest rates on household budgets, Statistics Canada says, but economists warn that could change.MoneySep 13
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Bank of Canada ‘remains independent’ amid political comments: MacklemGovernor Tiff Macklem defended the Bank of Canada's operational independence on Thursday as the central bank's interest rate decisions face political commentary.PoliticsSep 7
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Higher interest rates are ‘painful’ but ‘worth it’: Bank of Canada’s MacklemTiff Macklem says the Bank of Canada’s work to tame inflation with restrictive interest rates is working, but momentum in those efforts might be slowing.MoneySep 7
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Bank of Canada holds key rate but leaves door open to future hikesThe Bank of Canada's benchmark interest rate remained unchanged on Wednesday amid signs the economy could be slowing enough to tame inflation.CanadaSep 6
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Bank of Canada faces political pressure to hold rates. But will it matter?The Bank is set to make its next interest rate decision Wednesday and is widely expected to hold steady as the economy begins to buckle under the weight of higher interest rates.EconomySep 5
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‘Unpredictable’ Bank of Canada looms over fall housing market. Here’s whyCanada's housing market is expected to stall in the fall amid a lack of inventory and ongoing uncertainty around the central bank's interest rates, according to Re/Max.MoneySep 5
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Could a Toronto Blue Jays playoff bid be a home run for the economy?Canada’s economy is slowing down just as the Toronto Blue Jays’ race for a playoff berth heats up. Here's what experts say that could mean for country's economic prospects.EconomySep 2
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More Canadians struggling to meet monthly bills, survey suggestsThe poll also suggests the Conservative party's support is at 38 per cent -- three percentage points higher than it was in the last poll in late July.EconomySep 1
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