Canada Economy

• Bank of Canada’s interest rate hikes are working to tame inflation: Tiff Macklem

  Bank of Canada Governor Tiff Macklem argued that the rapid interest rate hikes from the central bank in the past year are working already to tame inflationary pressures.

  Economy

  2 hours
  
• Ontario’s economy to slow sharply, but rebound next year: fiscal watchdog

  The Financial Accountability Office of Ontario says the province's economic growth is expected to slow sharply this year with a modest recovery beginning next year.

  Canada

  5 hours
  
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• Immigration alone won’t help companies that are ‘starved’ for workers, experts say

  With the unemployment rate at historic lows, many companies are "starved" for workers, and new immigrants will help fill some of the need, one expert said.

  Economy

  Feb 1
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• Canada’s economy in for a ‘turbulent’ year, associate finance minister says

  The war in Ukraine and inflation are among the issues causing both uncertainty and economic harm in 2023, Canada's associate finance minister said Tuesday.

  Economy

  Jan 24
• Higher immigration levels could benefit smaller cities, research says

  The COVID-19 pandemic shifted migration patterns in Canada, sending people outside of major cities to work remotely even as international migration was stalled.

  Economy

  Jan 23
• S&P/TSX composite posts gain Friday; U.S. markets rally on tech

  The S&P/TSX composite index was up 161.77 points at 20,503.21.

  Canada

  Jan 20
• S&P/TSX composite slightly down, helped by energy stocks; U.S. markets fall

  Canada's main stock index edged lower Thursday, with losses in technology and industrials buoyed by energy stocks, while U.S. stock markets were also down.  

  Economy

  Jan 19
• Recession will be ‘deeper’ than first thought, but job loss will be minimal: Deloitte

  The Bank of Canada's interest rate hikes to date will push Canada into a 'deeper' recession than Deloitte first thought, but the finance firm still expects minimal job losses.

  Economy

  Jan 17
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• Worldwide outlook on economic prospects gloomier than ever before: report

  A total of 89% fear losing their job, 74% worry about inflation, 76% are concerned about climate change and 72% worry about nuclear war, the report found.

  Economy

  Jan 15
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• All eyes on company forecasts rather than earnings this year, experts say

  Experts say the upcoming earnings season will be overshadowed by the broader economic climate, with interest rates and inflation data more closely watched than company reports.

  Economy

  Jan 13