U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cuts
U.S. consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday.
U.S. News
Apr 10
Bank of Canada holds key rate, but signals June cut in ‘realm of possibilities’
The Bank of Canada maintained its key interest rate at five per cent on Wednesday amid recent declines in the annual rate of inflation.
Economy
Apr 10
Quebec man, 38, charged with second-degree murder in woman’s killing near Montreal
Earlier Wednesday, Quebec provincial police said a man was being questioned as a person of interest by investigators before announcing the charges.
Crime
Apr 10
Canadian consumers and businesses pin hopes on lower interest rates: BoC
Canadian consumers and businesses are slightly more optimistic about the future, Bank of Canada surveys show, though both groups are dealing with high interest rates and inflation.
Canada
Apr 1
Spring housing market looms over the Bank of Canada’s rate decision. Here’s why
The Bank of Canada itself has warned a hot spring housing market could 'stoke' inflation. Here's what economist say those fears mean for the central bank's rate decision Wednesday.
Economy
Apr 9
What is a halal mortgage? How interest-free home financing works in Canada
As part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.'
Money
Apr 23
Auditor general to probe conflict of interest allegations in B.C. cleantech grant program
B.C.'s auditor general has been directed to investigate allegations of a conflict of interest involving a consulting firm that administers a provincial clean energy grant program.
Politics
Apr 8
EV sales in Canada rose in recent years despite higher interest rates. Why?
Electric vehicle registrations rose in recent years despite interest rates also rising. Experts caution Canada's transition to EVs could still be challenging.
Canada
2 hours
Relief for Albertans? Bank of Canada expected to cut interest rates this summer: ATB
According to ATB's chief economist, consumers can expect some relief from rising interest rates this summer.
Economy
Apr 10
B.C. electric vehicle sales continue to rise as survey finds softening Canadian interest
A survey by Canada's largest automotive marketplace, Autotrader.ca, found buyers reported softening interest in EVs for the second year running.
Economy
Apr 23
Buzz kill? Gen Z less interested in coffee than older Canadians, survey shows
Are younger Canadians now less interested in coffee than previous generations? A new study shows that Gen Z is the least likely to have a cup of Joe with their breakfast.
Canada
Apr 19
TSX down almost 100 points, U.S. markets mixed amid ongoing interest rate angst
Weakness in several sectors including financials and utilities led Canada's main stock index down almost 100 points Tuesday, while U.S. markets were mixed.
Economy
Apr 16
Markets turn red after Fed official questions need to cut interest rates this year
Canada and U.S. markets ended the trading day in the red, reversing course mid-afternoon after spending the majority of the day higher.
Economy
Apr 4
U.S. Federal Reserve says 3 interest rate cuts still expected despite high inflation
Chair Jerome Powell said the surprising pickup in inflation in January and February hadn't fundamentally changed the Fed's picture of the economy.
Money
Mar 20
Law (Taylor’s Version): 1st-ever Taylor Swift law course in Canada comes to Queen’s University
The law professor and self-described Swiftie teaching the class is expecting heightened student interest in the course.
Entertainment
Apr 19
‘Overwhelming interest’ in new immigration stream for Alberta’s hospitality industry: province
The government says there's been massive interest in a new immigration stream to bolster Alberta's hospitality industry, but an expert is raising concerns with the criteria.
Canada
Mar 22
World’s oldest conjoined twins, Lori and George, die at 62
Conjoined twins George and Lori strived for independence and individuality, with different careers, interests and even different bedrooms.
Trending
Apr 12
Report recommends City of Peterborough cancel Canada Day Parade
A Peterborough staff report recommends that the city's Canada Day parade be cancelled as waning interest and higher costs mean it is 'no longer a sustainable activity.'
Canada
Apr 19
Rents, interest rates could ease with temporary resident targets: BMO economist
For the first time, the Canadian government will set targets for temporary residents allowed into the country. One economist says this could ease pressure on rents.
Canada
Mar 22
Basketball boom in Kingston, Ont.: Local heroes inspire others to shoot for the hoops
Basketball is surging in Kingston, Ont., thanks to achievements by local athletes. Aaliyah Edwards, recently drafted into the WNBA, is driving a surge of interest among girls.
Sports
Apr 19