Canada’s inflation rate rose to two per cent in October, up from 1.6 per cent in September, Statistics Canada said. The annual rate of inflation, which fell below the Bank of Canada’s target ...
The financial market believes the Bank of Canada will cut its policy rate to 2.75 per cent by June 2025, before holding it there for the remainder of 2025 and into 2026, according to a survey released ...
Canada is still a laggard in meeting the North Atlantic Treaty Organization’s target of spending 2 per cent of gross domestic product on defence. Right now it spends about 1.37 per cent but ...
Hongkongers will have to pay nearly 1 per cent more for electricity next year, the city’s two power companies have said, after cutting prices by as much as 16 per cent last year. Residential ...
The Bank of Canada is warning against inflation falling below the central bank’s two per cent target, which could lead to a deflationary cycle and pose a big risk to the economy. “The idea of a period ...
COUNTY OF WELLINGTON – The county is proposing a slightly smaller tax increase than last year. To be presented at county council next Thursday, a new report on the County of Wellington’s 10 ...
suppress growth and distort the trajectory of interest rates in Canada. The BoC has reduced its key rate four times in a row since June and inflation - which spiked at 8.1 per cent in June 2022 ...
Canada posted a higher than ... sharply the August trade deficit to $1.47-billion from $1.1-billion. The biggest hit to exports, which fell by 0.1 per cent, came from a 5.4 per cent drop in ...
Prime Minister Justin Trudeau told a meeting of parliamentarians from NATO nations Monday that Canada is on track ... government's prediction that it will hit 1.76 per cent by the end of the ...