“The global development that concerns me the most, though, is rising debt,” Carolyn Wilkins said. Continue reading →

Rising interest rates are putting borrowers in a tough spot. Continue reading →

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 →