Douglas Porter

The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
Capital's annual rate of inflation hit 7.5 per cent in March, Statistics Canada said Wednesday, and local entrepreneurs say it's getting harder and harder to pass those extra costs on to customers.
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation, which is at its highest level since 1991.
The country's hot housing market drove economic expansion last year as the economy grew 4.6 per cent in 2021, Statistics Canada said Tuesday.
Statistics Canada reported Wednesday that the annual pace of inflation climbed in December to 4.8 per cent, a pace that hasn't been seen since September 1991.
Ottawa-Gatineau employers added more than 6,000 new jobs to their payrolls last month as the economy continued to pull out of a pandemic-fuelled downturn.
After a year that saw home average home prices jump 20 per cent, Ottawa homebuyers can expect little relief in the months ahead, according to a major Canadian real estate brokerage.
Canada's top bank economists predict the country will see a few bright spots in 2020, even as the globe grapples with uncertainty in the Middle East and China
Ottawa’s annual rate of inflation crept slightly higher than the rest of the country in July, as national prices rose in line with Bank of Canada targets.