Daily News

'While today's fiscal news can be characterized as moderately positive, the main message is stay tuned' Finance Minister Chrystia Freeland’s fall update on the economy revealed government finances are in better shape than previously projected. The...

COVID-19 supports produced the highest deficit since Second World War last year OTTAWA — Canadian Prime Minister Justin Trudeau’s government will outline new fiscal and economic forecasts in a document to be released on Tuesday as inflation surges...

The objective of Canada's monetary policy is to promote the economic and financial well-being of Canadians. Experience has shown that the best way monet...

Thank you, Minister Freeland. Good morning. I am very pleased to have this opportunity alongside you, Minister, to share with Canadians the renewed monetary policy framework agreed upon...

Rise in wealth from housing and stocks boom leaves behind those with lower incomes and few financial assets Food insecurity is rising in Canada, a country that has long-prided itself on its social safety net — including a roughly $300-billion pande...

Deputy Governor Toni Gravelle talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He explains the link between supply bottlenecks...

Comments by deputy governor likely to reinforce expectations the central bank is considering raising interest rates soon The Bank of Canada is worried that global supply chain disruptions stoking inflation could last longer than expected, according...

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary f...

Kevin Carmichael: Further evidence that the economy is on track to complete the comeback by early next year Canadian employers added 154,000 jobs in November and the jobless rate plunged to six per cent, further evidence the economy is on track to...

On November 29 and 30, the Bank of Canada, in partnership with the Tulo Centre of Indigenous Economics and Te Pūtea Matua (Reserve Bank of New Zealand), hosted the i...