Bank of Canada

A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May – the largest monthly drop since the pandemic's onset.
Bank of Montreal chief economist Doug Porter said it's highly unlikely Canadians are in for a double-digit, '80s-style interest rate shock any time soon.
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, senior…
A blossoming Ottawa-based property management firm has chosen one of Canada’s fastest-growing cities for its first acquisition outside the National Capital Region.
Governor says the central bank hopes it can take a meaningful step toward building trust and strengthening its relationship with Indigenous peoples.
Statistics Canada says a number of signs point to an increasingly tight labour market in recent months, including a drop in the number of part-time workers that would prefer full-time work.
The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized rate hike in June.
Conservative leadership candidate Pierre Poilievre is vowing to subject the Bank of Canada to the scrutiny of the federal auditor general and bar the use of its own digital currency.
The governor of the Bank of Canada is signalling Canada's key interest rate could go up another half percentage point in June to help wrestle inflation under control.