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Ontario Premier Doug Ford praised Prime Minister Mark Carney on Tuesday for winning the bid to host a new multinational Defence, Security and Resilience Bank (DSRB) that would provide financing for defence projects by NATO members. Canada has been chosen to host the bank’s headquarters and Ford said, “I want to acknowledge the prime minister…...

The Bank of Canada is again holding its key interest rate at 2.25 per cent, but warns Canada’s economic outlook is uncertain. Mackenzie Gray explains why inflation is expected to rise sharply in the coming months, how the central bank is likely to respond, and what it all means for consumers and homeowners.

The Bank of Canada latest economic forecast expects Canada’s GDP to rise 1.2 per cent this year, 1.6 per cent next year, and 1.7 per cent in 2028. “Our forecast for GDP growth in Canada has not changed significantly since our January projection. The conflict in the Middle East will affect the composition of growth,...

The Bank of Canada’s latest rate decision comes as no surprise to economists, but global uncertainty continues to shape the outlook. Senior economist Sal Guatieri joins Jaden Lee-Lincoln to discuss the key factors behind the decision, the influence of U.S. policy, and what it could mean for mortgages and future rate changes.

The Bank of Canada (BOC) has held its key interest rate at 2.25 per cent – a widely expected move in a Wednesday announcement. But old demons that haunted BOC Governor Tiff Macklem have returned. Inflation concerns around the war in Iran are now being balanced with concerns about the health of the Canadian economy....

Canada’s central bank is holding its benchmark interest rate steady at 2.25 per cent as the Iran war rattles economies around the world. The central bank is weighing conflict in the Middle East, the impact of tariffs as well as current domestic economic data. Anne Gaviola has this story and more in Business Matters for...

Canada’s labour market lost 84,000 jobs in February with 20,000 of those in B.C.. We speak to Bryan Yu, Chief Economist at Central 1 Credit Union, about the latest jobs report and what it could mean for the next Bank of Canada interest rate announcement.

It’s called Open Banking – a change to how financial institutions can access your data, and the federal government has said it’s coming to Canada by the end of this year. Beem Financial’s Shane Yu explains how it might change how you deal with your finances.

Asked if he thinks there should be a ban on social media and AI chatbots for children, Canada’s privacy commissioner suggested privacy concerns with digital platforms need to be addressed before considering a ban or age limit. “The goal is to reach this balance where you’re protecting children, but you’re also giving them the ability...

Prime Minister Mark Carney announced Thursday the multinational defence bank would be headquartered in Canada, calling it “good news, but not the end of a process.” The prime minister said the bank would provide financing for defence projects by NATO members and allies, adding that the core of its mission would be to finance the private...

Canada has been selected to host the first-of-its-kind, multi-national bank, which, when it gets up and running, will help Canada and its NATO partners lower the cost of financing major military purchases like fighter jets or submarines. For now, it’s called the Defence, Security, and Resilience Bank. As David Akin reports, when it gets set...

Manitoba is set to crack down on young people’s use of social media. Premier Wab Kinew announced he is seeking to ban youth from online platforms and AI chatbots. The province would be the first in Canada to introduce a social media ban. As Hersh Singh reports, Manitoba will join a growing list of governments...

The U.K. is moving to ban tobacco sales for anyone born after 2008. David Hammond, a public health expert at the University of Waterloo, discusses what’s behind the push and whether similar rules could come to Canada.

The Bank of Canada holds its key interest rate once again and the number of complaints against Canada’s telecom companies are skyrocketing. With more we bring in our financial analyst, Robert Levy.

Canada’s central bank may have kept its benchmark interest rates steady on Wednesday amid global economic uncertainty, but Bank of Canada Governor Tiff Macklem says they might consider “consecutive increases” if the price of oil keeps climbing.

The Big Way Hot Pot chain based in Richmond is launching a major expansion, and the latest Bank of Canada interest rate decision is announced. BIV’s Tyler Orton has your business news.

Bank of Canada governor Tiff Macklem says he is encouraged by the federal government’s efforts to strengthen the economy against future financial shocks. In an interview, Macklem emphasized the importance of long-term goals like diversifying exports away from the U.S. market and reducing regulatory approval times. Nivrita Ganguly has this story and more in Business...

Statistics Canada says the country’s inflation rate was up in March, and not surprisingly, gas prices played a major role. As Aaron McArthur reports, the question now is how will that affect the Bank of Canada as it prepares for its next announcement on interest rates.

Global’s Jazan Grewal speaks with tech and media analyst Mohit Rajhans about whether or not Canada should impose a youth social media ban, and the challenges that could come with such legislation. 

Numbers from a new poll by the Angus Reid Institute show strong support for age restrictions on social media, with 75 per cent supporting a full ban on social platforms for youth under 16. Iris Dyck reports.