Gas prices drive Canada’s inflation rate in July to highest point since 2011
The federal agency says the consumer price index for July was up 3.0 per cent on a year-over-year basis compared with a 2.5 per cent increase in June. Continue reading
Bank of Canada
Canadian exports hit record high in June but U.S. tariffs on metals slashed steel, aluminum shipments
The unexpectedly strong overall performance boosted market expectations that the Bank of Canada could hike interest rates next month. Continue reading
Canadian economy grew 0.5% in May, prompting talk of a fall rate hike
The result, which was well above expectations, has economists discussing the possibility of an October interest rate hike by the Bank of Canada. Continue reading
Alberta farming, tourism offer bright lights as dark economic clouds loom: economist
By Jennifer Crosby Anchor
Agriculture and tourism are bright spots for Alberta’s economy this summer, according to economist Todd Hirsch. But he warns there could be trouble on the horizon if uncertainty around pipelines, the NAFTA deal and international trade continues. Continue reading
COMMENTARY: Are indebted Canadians foolhardy or prey?
Canadians should be responsible for their own debts, but Mike Stafford says Canadian banks and lenders have to share some responsibility, as well. Continue reading
Bill Kelly: Did we really need that Bank of Canada rate hike?
Wednesday’s hike wasn’t huge, but it is the fourth increase in the past 12 months, and the cumulative effect will further erode our disposable income. Continue reading
Canadians should ‘buy smaller’ homes in response to interest hike, Bank of Canada head says
As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. Continue reading
Bank of Canada delivers another hike, key interest rate rises to 1.5%
It’s the fourth increase since last summer, but economists expect a lull before the next rate move. Continue reading
Canadian economy ekes out 0.1% gain in April
The result, though modest, was better than what analysts had expected. Continue reading
Oil prices are high. So why is the Canadian dollar still so low?
The loonie will likely stay weak for the rest of the year — and auto tariffs could make things worse. Continue reading
