According a new Bank of Canada report, the effects of the gig economy have reduced pressure on employers to maintain regular and sufficient wage increases. Continue reading
The central bank has left its trend-setting interest rate unchanged at 1.75 per cent since last October. Continue reading
A top Bank of Canada official says the lingering effects of the 2014 oil-price crash should take some of the blame for the country’s disappointing wage gains – but she argues it’s just one of many reasons. Continue reading
The data release tops a string of weak readings that suggest the economy slowed down towards the end of the year. Continue reading
Higher airfare costs during the holiday season helped prop up the inflation rate. Continue reading
Amid a clouding economy outlook, the bank is pushing the pause button. Continue reading
Governor Stephen Poloz has raised the benchmark five times since the summer of 2017 and he’s instructed Canadians to prepare for an eventual era of three per cent interest rates. Continue reading
Analysis of data from the U.S. Federal Reserve indicates that this is a higher share of national wealth than real estate takes up in the United States. Continue reading
Bank of Canada leaves its key rate unchanged, as expected, at 1.75 per cent. Continue reading
Canada’s new $10 bill will officially enter circulation Monday morning at a ceremony in Winnipeg. The banknote features activist Viola Desmond and the Canadian Museum for Human Rights. Continue reading