Backdated Canadian Building Permits figures from December are due on Tuesday, and although the figure is forecast to recover ...
As a result, the Canadian CPI hit an all-time high of 12.9%. Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 ...
Trump declared an economic emergency in order to place duties of 10% on all imports from China and 25% on imports from Mexico ...
The US administration has de facto scrapped the USMCA agreement that President Donald Trump himself had negotiated in 2019, ...
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...
The Canadian central bank noted consumer price inflation remains close to 2% and the economy is in excess supply, said: "Lower interest rates are boosting household spending and, in the outlook ...
BoC lowered its overnight rate by 25bps as Trump threatens to implement a 25% tariff on Canadian goods entering the US. James Marple discusses the impact on monetary policy going forward.
Trump’s 25% steel and aluminum tariffs rattle markets, fueling inflation fears and currency swings. Traders brace for ...
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