7 h. ago October inflation has economists expecting another Bank of Canada hold

Inflation rate dipped to 2.2% in October

Economics

4 d. ago Kelowna’s unemployment rate jumps again, worse than height of COVID

According to Statistics Canada, the jobless rate in the Kelowna area rose to 9.3 per cent in October, an increase of 2.2 per cent in just one month – the 2nd highest in B.C.

Science

5 d. ago Canadians feel ‘cautious’ about spending as holidays near, Bank of Canada says

Canadians plan to be “cautious” about spending in the second half of this year, the Bank of Canada said Wednesday in a summary of its recent interest rate deliberations.

Society

5 d. ago Bank of Canada considered waiting longer to cut interest rate, deliberations show

Soft labour market and tepid growth justified a cut, but there were differences of opinion about the timing

Other

5 d. ago Bank of Canada Mulled Delaying Cut Until After Carney’s Budget

Bank of Canada officials discussed delaying a rate cut until they had more details about Prime Minister Mark Carney’s budget and US trade policy.

Transport

6 d. ago Financial market survey says Bank of Canada’s next interest rate move will be a hike

Central bank's poll of market participants puts recession odds at 35%

Other

7 d. ago Bloom Finance Launches SafeRate™, Canada’s First Lifetime Fixed Rate Reverse Mortgage

SafeRate™ is designed to give older Canadians financial certainty, flexibility, and peace of mind, helping them feel confident in the choices they make for themselves and their families. TORONTO — Today, Bloom Finance Company Ltd. (“Bloom”) is excited to introduce SafeRate™, Canada’s first reverse mortgage with a lifetime fixed interest rate, designed to provide older […]

Events

1 week ago ‘Surprise’ job numbers will likely affect Bank of Canada interest rate decision, economists say

Statistics Canada employment data show some resilience in Canada’s labour market, 'not strength,' economist says

Other

1 week ago Another month of surprise job gains reinforce Bank of Canada’s rate hold: economists

OTTAWA — Another month of surprise job gains hasn’t changed many economists’ minds about softness in the Canadian labour market, but analysts weighing in Friday said signs of resilience should be enough to keep the Bank of Canada on the sidelines for the rest of the year. Statistics Canada said Friday the economy added 67,000 […]

Other

1 week ago Canada’s unemployment rate just fell for 1st time in 3 months

Canada's job market bounced back slightly in October as the national unemployment rate fell for the first time in three months, dipping to 6.9 per cent.

Other

1 week ago Canada adds surprise 67,000 jobs in October, unemployment rate drops to 6.9%

OTTAWA — Canada’s labour market caught economists off guard with a second straight month of surprise job gains in October. Statistics Canada said Friday the economy added 67,000 jobs in October, good enough to drive the unemployment rate down two tenths of a percentage point to 6.9 per cent. October’s growth was driven by part-time […]

Other

1 week ago Canada’s unemployment rate drops to 6.9% as job gains blow past expectations

Labour market adds 67,000 jobs

Other

1 week ago Carney is cutting the luxury tax. What else is getting axed in Budget 2025?

Other measures include a 'super-reduction' to Canada's marginal effective tax rate and further automating traveller screening at the nation's airports.

Economics

2 w. ago South Korea’s Price Spike May Prompt BOK to Extend Easing Pause

South Korea’s consumer inflation quickened in October as a weaker won lifted energy and food costs, reinforcing the case for the central bank to extend the pause in its monetary easing cycle as it seeks to cool a housing market rally.

Economics

2 w. ago Weak GDP report unlikely to sway Bank of Canada to more rate cuts: economists

OTTAWA — The Canadian economy was showing more cracks in August, but most economists weighing in on the latest data say they don’t think the Bank of Canada will respond with more rate cuts anytime soon. Real gross domestic product declined 0.3 per cent in August and early signs suggest the economy barely managed any […]

Other

2 w. ago Drug crimes up for first time in 12 years, bucking national trend: StatCan

Statistics Canada says the rate of police-reported drug crime is up for the first time in 12 years but remains well below a “historic peak” recorded in 2011, with cannabis legalization being a major factor behind the overall decline in drug crime rates. The report said there was a 13 per cent national increase in […]

Society

2 w. ago Fed cuts rates quarter point, but officials look to be divided on how much more to ease

Policymakers says 'job gains have slowed' with risks to employment on the rise

Culture

2 w. ago RBC, TD and National Bank cut prime rate to 4.45% following Bank of Canada’s lead

The prime rate will drop from 4.70% to 4.45%

Society

2 w. ago Bank of Canada drops key interest rate to 2.25% — what it means for Canadians

Tiff Macklem warns U.S. tariffs will have a weakening effect on the Canadian economy in the second half of the year

Other

2 w. ago Bank of Canada raises the bar for any future rate cuts, economists say

'This will likely be the last rate cut of this cycle'

Other