[ad_1] Canada’s inflation rate perked up in December, but it was an acceleration in various core measures of consumer price growth that showed inflation is proving sticky and tough to…
Tag: Bank of Canada
Bank of Canada surveys show weak business environment, lower inflation expectations
[ad_1] High interest rates are bringing down inflation expectations and slowing the pace that businesses are raising prices, while also creating considerable financial hardship for households, according to a pair…
Canadian home sales jumped 9% in December, but prices continued to fall
[ad_1] National home sales jumped in December but prices continued to drop, and economists said it was too early to conclude the housing market was on a rebound. The 8.7…
2024 in charts: Experts predict what’s to come for housing, jobs, wages, interest rates and more
[ad_1] Open this photo in gallery: Illustration by MATTHEW BILLINGTON After a year of surprising resilience in the face of high interest rates, Canada’s economy enters 2024 in an uneasy…
Interest rate cut forecasts for 2024 too optimistic, National Bank CEO warns
[ad_1] Economic forecasts predicting interest rate cuts in 2024 are too optimistic, according to National Bank of Canada NA-T chief executive officer Laurent Ferreira, as concerns mount that persistently high…
Bank of Canada’s Tiff Macklem talks interest rates, inflation, and being cast as Canada’s economic villain
[ad_1] Open this photo in gallery: Governor of the Bank of Canada Tiff Macklem after speaking before the Canadian Club Toronto at the Royal York Hotel in Toronto on Dec.…
Opinion: Bank of Canada’s attempt to bring more transparency proves tricky
[ad_1] Open this photo in gallery: Bank of Canada Governor Tiff Macklem speaks before the Canadian Club Toronto at the Royal York Hotel in Toronto on Dec. 15.Carlos Osorio/The Globe…
Business Matters: Canada’s annual inflation rate was unchanged in November, holding steady at 3.1% | Watch News Videos Online
[ad_1] The consumer price index held steady as lower price growth for gas and cell phone services offset increases for travel, recreation, clothing and food. As Anne Gaviola explains, many…
Full recovery in Canada’s tourism industry is unlikely until next year, report finds
[ad_1] Open this photo in gallery: People line up before entering the security zone at Toronto Pearson International Airport, on Aug. 5, 2022.Nathan Denette/The Canadian Press A full recovery in…
National home sales slowed further in November as high rates continue to spook buyers
[ad_1] Open this photo in gallery: A for sale sign is displayed in front of a house in Toronto’s Riverdale neighbourhood in this file photo.Evan Buhler/The Canadian Press Canada’s housing…