The Bank of Canada forecast GDP in both the final quarter and the full year to expand 1.8%, while economists expected slightly softer growth of 1.6% for the quarter and 1.3% for the year.
Taken together with a 0.3% increase in October, industry-based figures point to fourth-quarter output rising at a 1.8% annualized pace, ending 2024 with 1.4% growth for the full year — somewhat in ...
The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per ...
THE CANADIAN PRESS/Ethan Cairns The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter percentage point to three per cent. But looming U.S ...
The Bank of Canada cut its key interest rate by a quarter point on Wednesday, citing stabilized inflation and a stronger economy. Still, it warned that a trade war would be a significant shock to ...
“There are signs economic activity is gaining momentum as past interest rate cuts work their way through the economy,” Bank of Canada governor ... a further (three-quarters of a percentage ...
Central and Eastern Canada have been plunged into the depths of winter this week, as a cold snap stretching from eastern Alberta to Atlantic Canada was in full swing Tuesday and Wednesday ...
Immigration, Refugees and Citizenship Canada (IRCC) has announced plans to cut about 3,300 jobs, or about a quarter of its workforce, over the next three years. The federal department emailed ...
In this context, only 15% of firms are planning for a recession in Canada over the coming year, unchanged from last quarter but down significantly from the 38% of firms that reported this 12 months ...
Many parts of the country are currently experiencing a series of extreme cold weather alerts, with Environment Canada issuing warnings across several provinces. Temperatures are expected to stay ...
Results of the fourth quarter 2024 survey show that consumers perceived an ... Additional information on the survey and its content is available on the Bank of Canada website. The survey report ...
Eggs recalled in many provinces across Canada over salmonella concerns — here's what you should know
The Canadian Food Inspection Agency has recalled various brands of eggs sold in provinces including Ontario ... British Columbia and possibly other parts of Canada. According to the CFIA, the ...
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