Canadian economic activity remains strong, and employment is robust. The Bank is forecasting growth of about 4¼% in 2022, easing to 3¼% in 2023. What...
The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin quantitative tight...
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and the Bank of Canada’s Monetary...
White remains optimistic about the strength of the global economy Bank of Montreal Chief Executive Officer Darryl White said he’s optimistic about the strength of the global economy as high household savings and strong employment trends may provide...
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Kevin Carmichael: The 2022 budget has a maturity that Team Trudeau's previous financial plans have lacked Paul Martin needed two budgets to become Paul Martin. The late Jim Flaherty’s fiscal update in November 2008 nearly triggered a constit...
Finance Minister Chrystia Freeland expected to roll out more than $100 billion in new spending Prime Minister Justin Trudeau is set to deliver a budget that will funnel revenue windfalls from soaring oil prices toward costly new programs, passing u...
Energy exports rose 7.8 per cent to a record high, making up more than two-thirds of the total increase OTTAWA — Canada’s exports rose 2.8 per cent in February to a record high, driven mostly by energy products, while imports climbed 3.9 per cent f...
GDP seen up 0.8% in February, 0.2% in January OTTAWA — The Canadian economy likely gathered momentum in February, growing for a ninth consecutive month after a January gain, data from Statistics Canada showed on Thursday, prompting economists to re...
Combination of higher inflation, rising interest rates and uncertainty surrounding the war starting to weigh on consumers Canadian consumer sentiment tumbled to its lowest level in more than a year as Russia’s invasion of Ukraine and surging inflat...