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Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warnsCanada’s inflation rate inched higher to 2.4 per cent in March, compared with 1.8 per cent in February, led largely by fuel costs amid the Iran war.EconomyApr 29
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Fewer Canadian firms were anticipating a recession before Iran war beganThis is the lowest level since the series began in 2023, also coming at a time when 'concerns around trade tensions and tariffs were at a peak.'CanadaApr 20
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Canada on ‘front lines’ of trade war as Joly unveils $1.5B tariff support planMonday’s relief package will be broken up into two parts, the first one being $1 billion in loans by the Business Development Bank of Canada.EconomyMay 4
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Iran war is ‘a dark cloud’ over Bank of Canada and the spring fiscal updateThe Bank of Canada is set to update interest rates on Wednesday as the Iran war brings a dark cloud over the Canadian economy and ahead of Ottawa's expected spring fiscal update.CanadaMar 17
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Co-signing your kids’ mortgage? Here’s why that’s a risky ideaCo‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, the Bank of Canada said.MoneyApr 16
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Global financial systems must ‘come to grips’ with AI risks, BoC governor saysBank of Canada Governor Tiff Macklem says while there's been a fair amount of discussion about Antrhopic's Mythos, no one knows yet the full implications of this latest AI advance.TechApr 17
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Bank of mom and dad? More parents are co-signing adult kids’ mortgagesCo‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, a Bank of Canada report added.MoneyApr 14
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Bank of Canada holds interest rates as Iran war rattles global economiesThe Bank of Canada held its benchmark lending rate at 2.25 per cent, but Governor Tiff Macklem is keeping an eye on how the Iran war could impact Canada's economy.EconomyMar 18
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Iran conflict has increased financial and energy market volatility: MacklemThe head of the Bank of Canada warns new players in global debt markets aren't as closely monitored as traditional banks, which could drive new risks in a period of uncertainty.EconomyMar 4
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The Bank of Canada says these are the 3 warning signs for mortgage defaultAs of November 2025, the report states that outstanding residential mortgage debt in Canada reached approximately $2.4 trillion.EconomyMar 4
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Ottawa announces multinational defence bank to be headquartered in CanadaA news release issued late Wednesday says the defence bank will allow member countries, including Canada, to leverage shared resources to 'meet today’s defence challenges.'PoliticsApr 30
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Bank of Canada orders tip manager XTM to halt payments as B.C. restaurants’ money missingThis comes after more people in the hospitality industry across B.C. are coming forward about tips disappearing from the third-party program that manages them.EconomyFeb 17
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Why allergy seasons are becoming ‘more intense overall’ in Canada'You cannot escape allergies if you live in Canada; it's impossible,' said Daniel Coates, director at Aerobiology Research Laboratories.WeatherApr 27
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Canada’s booze bans led to 63 per cent fall in exports: U.S. industry bodyThe 'trade friction' caused by U.S. President Donald Trump’s tariffs hurt the U.S. alcohol industry, an industry body told the administration on Wednesday.CanadaMay 6
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Canada’s health minister ‘looking into’ idea of smoking ban after U.K. lawJustice Minister Sean Fraser said he is not part of any discussions that may be taking place around a potential smoking ban but said he supports measures to reduce tobacco use.HealthApr 28
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The U.K. just banned smoking for life for youth. Should Canada do the same?The U.K. Parliament has passed a bill that will permanently outlaw sales of tobacco products, including cigarettes, to anyone born on or after Jan. 1, 2009.HealthApr 22
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Canadian food banks reduce services amid ‘unprecedented’ demandFood banks are reporting having to change how they serve Canadian communities, with some reducing drop ins or how much food is given.HealthMar 30
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Anand backs report Iran soccer officials had Canada entry permission revokedIranian state media says Iranian Football Federation president Mehdi Taj, a former IRGC commander, and two other Iranian officials were denied entry after arriving in Canada.CanadaApr 29
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AI may be killing entry-level jobs, Bank of Canada governor warnsBank of Canada governor Tiff Macklem said economic observers had expressed concern about 'over-investment and over-valuation as well as fears of job destruction' from AI.EconomyFeb 5
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Canada battles back to tie Iceland 2-2Jesse Marsch mapped out a plan for his players at halftime, as the team was forced to battle back and earn a draw with Iceland in an international men's soccer friendly.SportsMar 28