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The Bank of Canada (BoC) has decided to keep its key interest rate steady at 5%, despite signs of a weakening economy, according to a summary of the governing council's discussions released on...
Canada's headline inflation rate has risen for the second consecutive month, reaching four per cent in August, primarily driven by increased food and gasoline prices. This unexpected surge has...
TORONTO - On Monday, the Canadian stock market experienced a broad-based decline, led by losses in technology and base metal stocks. The S&P/TSX composite index fell nearly 130 points to close at...
Canadian households are dealing with a surge in inflation, the fastest in four months, as gasoline and housing costs continue to rise. The consumer-price index (CPI), a key measure of inflation,...
PoundSterlingLIVE - The Pound to Canadian Dollar exchange rate (GBPCAD) looks set for further declines according to a new analysis from Canadian bank Scotiabank, although short-term indicators suggest...
On Monday, the S&P/TSX composite index, Canada's main stock index, experienced a significant decline due to losses in technology and base metal stocks. The index fell by almost 130 points to close at...
OTTAWA (Reuters) - Canada will contribute C$33 million ($24.5 million) to a British-led partnership that is buying air defense equipment for Ukraine to help it fend off Russian missile and drone...
Canadian credit card balances reached an all-time high of $107.4 billion in Q2 2023, indicating increasing financial stress due to inflation and rising interest rates, according to a report by Equifax...
The Bank of Canada held its key interest rate steady at five per cent on Wednesday, September 6, 2023, despite previous indications that it was open to further increases if necessary. The decision...
The Bank of Canada, an independent institution responsible for maintaining a two per cent inflation target, is facing calls from provincial premiers to halt its rate hikes. On Sunday, Ontario Premier...
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