Canada's GDP grew by 1.7% in 1st quarter | CBC NewsHousehold spending in Canada drove 1.7% economic growth in Q1.
Canada's economy grew 1% in the third quarter from higher government, household spending | CBC NewsCanadian economy grew at 1% in Q3, below expectations; driven mainly by household and government spending.
Canadian economy flat in August, likely missed central bank's 3rd quarter growth forecast | CBC NewsThe Canadian economy shows signs of stagnation as high interest rates impact growth, but a slight rebound is expected in September.
Canadian economy not in recession, but 2023 was one of its weakest recent years | CBC NewsCanadian economy expanded at 1% in Q4 driven by exports, while housing and business investment fell.Business insolvencies rose 41% in 2023 due to pandemic debt and high interest rates affecting consumer finances.
Canada's GDP grew by 1.7% in 1st quarter | CBC NewsHousehold spending in Canada drove 1.7% economic growth in Q1.
Canada's economy grew 1% in the third quarter from higher government, household spending | CBC NewsCanadian economy grew at 1% in Q3, below expectations; driven mainly by household and government spending.
Canadian economy flat in August, likely missed central bank's 3rd quarter growth forecast | CBC NewsThe Canadian economy shows signs of stagnation as high interest rates impact growth, but a slight rebound is expected in September.
Canadian economy not in recession, but 2023 was one of its weakest recent years | CBC NewsCanadian economy expanded at 1% in Q4 driven by exports, while housing and business investment fell.Business insolvencies rose 41% in 2023 due to pandemic debt and high interest rates affecting consumer finances.
Bank of Canada holds key interest rate at 5% | CBC NewsBank of Canada maintains 5% interest rate for the sixth consecutive time.Expectations of the first rate cut during the June 5 meeting.
Bank of Canada cuts rates, indicates bigger cut possibleThe Bank of Canada cut its key policy rate for the third time in response to easing inflation and weak economic growth.
Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys | CBC NewsBusiness and consumer sentiment improved despite higher interest rates.Expectations of interest rate cuts are driving optimism for sales and economic outlook.
Bank of Canada cuts key interest rate to 4.75% | CBC NewsThe Bank of Canada has reduced its key interest rate for the first time since March 2020.
Bank of Canada cuts rates for first time in four years as inflation easesThe Bank of Canada has trimmed its key policy rate by 25 basis points to 4.75 percent in response to improving indicators for underlying inflation.
Bank of Canada needs to 'stick the landing' now that inflation is at 2 per cent: Macklem | CBC NewsReflecting on the recent drop in inflation to 2%, Tiff Macklem underscores the need for the Bank of Canada to maintain this control.
Bank of Canada holds key interest rate at 5% | CBC NewsBank of Canada maintains 5% interest rate for the sixth consecutive time.Expectations of the first rate cut during the June 5 meeting.
Bank of Canada cuts rates, indicates bigger cut possibleThe Bank of Canada cut its key policy rate for the third time in response to easing inflation and weak economic growth.
Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys | CBC NewsBusiness and consumer sentiment improved despite higher interest rates.Expectations of interest rate cuts are driving optimism for sales and economic outlook.
Bank of Canada cuts key interest rate to 4.75% | CBC NewsThe Bank of Canada has reduced its key interest rate for the first time since March 2020.
Bank of Canada cuts rates for first time in four years as inflation easesThe Bank of Canada has trimmed its key policy rate by 25 basis points to 4.75 percent in response to improving indicators for underlying inflation.
Bank of Canada needs to 'stick the landing' now that inflation is at 2 per cent: Macklem | CBC NewsReflecting on the recent drop in inflation to 2%, Tiff Macklem underscores the need for the Bank of Canada to maintain this control.
Surge in newcomers putting pressure on inflation via housing demand: BoC official | CBC NewsThe surge in newcomers in Canada is contributing to inflation through increased housing demand.The lack of housing supply is causing rental and home prices to rise.
Bank of Canada Keeps Rates Unchanged, Cites Progress on Cooling InflationBank of Canada keeps policy interest rate unchanged at 5%Central bank ready to raise rates if necessary
Surge in newcomers putting pressure on inflation via housing demand: BoC official | CBC NewsThe surge in newcomers in Canada is contributing to inflation through increased housing demand.The lack of housing supply is causing rental and home prices to rise.
Bank of Canada Keeps Rates Unchanged, Cites Progress on Cooling InflationBank of Canada keeps policy interest rate unchanged at 5%Central bank ready to raise rates if necessary
As expected, Bank of Canada holds interest rate steady at 5% | CBC NewsThe Bank of Canada has decided to keep its benchmark interest rate steady at five percent.The bank has been signaling that it may be nearing the end of its rate hiking cycle due to a slowdown in the Canadian economy.