The Bank of Canada says larger and more frequent price increases by businesses have contributed to keeping inflation higher than the Bank would like.
After spending most of the past year at or near record lows, Canada's mortgage delinquency rate is expected to return to pre-pandemic levels, potentially rising by nearly a third.
For the third time since 2022, Canada’s headline inflation rate reversed course and trended back upward in December. Headline inflation...
Canada's economy continued to motor on in March with the creation of nearly 35,000 new jobs, once again beating economist forecasts.
Canada's economic growth has flatlined for the second straight month, and has now undershot expectations for the past five months.
Contrary to skepticism, the Bank of Canada actually has a proven track record of successfully managing soft landings more often than not.
Economists say the Bank of Canada likely won't be pleased with July's headline inflation reading, which came in hotter than expected.
Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April.
Canada’s economy slowed more than expected in the second quarter, raising the likelihood that the Bank of Canada will leave rates unchanged at next week's policy meeting.