Bank Of Canada

• Are we in a recession? ‘Be careful’ with indicators, says Bank of Canada

  Even though the most recent GDP reports flirt with a technical recession, the Bank of Canada and several economists aren't ready to declare one formally just yet.

  Economy

  Jun 1
  
• Bank of Canada says households struggling, economy vulnerable to shocks

  The global economy is 'volatile' and 'vulnerabilities' exist that could expose Canada to potential shocks on multiple fronts, the central bank's report says.

  Economy

  May 28
  
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• Quebec Premier Fréchette won’t rule out exceeding $250M spending pot

  Quebec Premier Christine Fréchette defended her growing list of spending promises after the province’s finance minister warned she could exceed the government’s allocated funding.

  Canada

  May 23
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• Geopolitical tension now seen as top economic risk in Bank of Canada survey

  Geopolitical tensions are now considered a bigger risk risk to Canada's economic productivity than trade conflict with countries like the U.S, according to the latest survey data.

  Economy

  May 11
• Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warns

  Canada’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.

  Economy

  Apr 29
• Fewer Canadian firms were anticipating a recession before Iran war began

  This 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.'

  Canada

  Apr 20
• Global financial systems must ‘come to grips’ with AI risks, BoC governor says

  Bank 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.

  Tech

  Apr 17
• Bank of mom and dad? More parents are co-signing adult kids’ mortgages

  Co‑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.

  Money

  Apr 14
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• Bank of Canada holds interest rates as Iran war rattles global economies

  The 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.

  Economy

  Mar 18
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• Iran war is ‘a dark cloud’ over Bank of Canada and the spring fiscal update

  The 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.

  Canada

  Mar 17