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Canadians plan to be “cautious” about spending in the second half of this year, the Bank of Canada said Wednesday in a summary of its recent interest rate deliberations.

Year-over-year inflation for consumer goods rose by 2.2 per cent in October, a slight dip compared with the growth seen last month, according to Statistics Canada.

As many Canadians struggle with affording essentials like food, experts say an interest rate cut by the Bank of Canada could help consumers, but not as much for grocery prices.

Business and financial leaders say trade tensions are the most important factor the Canadian economy faces and a recession is still possible.

The Bank of Canada delivered another rate cut Wednesday, lowering its overnight benchmark by 25 basis points to 2.25 per cent and marking its second cut since March.

Most economists expect the Bank of Canada to cut borrowing rates this week after mixed economic gauges on inflation and the job market.

The job market is expected to remain difficult to break into over the next 12 months, as most businesses report pausing growth and hiring plans amid the trade war.

The Bank of Canada governor told MPs he believes the budget got the diagnosis right on what ails the Canadian economy: flagging productivity and low investment levels.

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

The minister said in Fredericton Wednesday the government will provide funding through banks, backstopped by the Business Development Bank of Canada, in the "coming days."

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026. What does the most recent rate cut mean for you?

While some homeowners would struggle to cover their higher mortgages with their savings, most would be able to dip into them, a new Bank of Canada report suggests.

The Bank of Canada cut its key interest rate Wednesday by 25 basis points to 2.5 per cent, and this marks the first cut by the central bank since March.

The Bank of Canada is widely anticipated to cut interest rates on Wednesday after weak reports on unemployment and economic growth, as well as signs of cooling inflation.

The boomer retirement wave, which started in 2011 when the oldest boomers turned 65, will reach its peak by the end of this decade, a Royal Bank of Canada report said.

A new Food Banks Canada report says monthly visits to food banks came close to 2.2 million in March 2025, nearly double the rate in 2019.

The Welcome Hall Mission in Montreal says it's worried the ongoing postal strike might impact the number of donations it receives.

The Canada Industrial Relations Board ruled Section 107 of the Canada Labour Code does not violate the Charter and could not review the minister's decision to invoke it.

Canada's gross domestic product contracted slightly in August after an increase of 0.2 per cent in July, according to Statistics Canada.

The number of Albertans who depend on food banks has jumped by 21.8 percent in 2025, compared with 2024, according to a new report from Food Banks Canada.