Tag: Bank of Canada

Food Prices Surge While Fuel Falls: What’s Keeping Canada’s Inflation at 2.2%?

Canada and Caribbean Roshan Abayasekara -
Canada’s annual inflation rate was 2.2% in November. This value remains unchanged from the previous month. Statistics Canada shared...

The Clock Is Ticking for Canada’s Stablecoin Revolution

Business & Trade Dana de Silva -
In a decisive move to protect its financial sovereignty and keep pace with technological change, the Canadian government is...

Rising Unemployment and Falling Exports Force Canada’s Rate Cut—Can the Economy Bounce Back?

Lead_Story Wasana Nadeeshani -
Commonwealth_ The Bank of Canada reduced its benchmark interest rate in response to increasing evidence that the global economy...

Is Canada on the Brink of Recession? The Bank of Canada’s Shocking Pause Raises Big Questions

Canada and Caribbean Wasana Nadeeshani -
Commonwealth The Bank of Canada has chosen to hold its key policy interest rate at 2.75%, pausing for the first...

Poilievre Closes In! Is Carney’s Early Momentum Fading Just Weeks Before the Vote?

Canada and Caribbean Wasana Nadeeshani -
Commonwealth_ As Canada approaches its federal election on April 28, 2025, recent polling data indicates a tightening race between...

Mark Carney Becomes Canada’s New PM—But How Long Will He Last?

Canada and Caribbean Wasana Nadeeshani -
Commonwealth_ Mark Carney is set to become Canada’s 24th prime minister within hours, assuming leadership at a crucial time...
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Carney vs. Poilievre: The Battle for Canada’s Future Begins!

Canada and Caribbean Ishini Dabare -
Mark Carney has been chosen as the new leader of the Liberal Party of Canada, succeeding Justin Trudeau, who...

Behind the Numbers: Why Canada’s Inflation Fight Isn’t Over Yet

Canada and Caribbean Wasana Nadeeshani -
Commonwealth_ Canada’s consumer price index (CPI) rose by 1.8 per cent in December compared to the same month a...

Canada retail sales sores after June drop

Business & Trade Suraj Atapattu -
Canada (Commonwealth) _ The Bank of Canada's argument to keep lowering rates is supported by the fact that although...

The Bank of Canada warns that an early rate cut in housing market

Canada and Caribbean Wasana Nadeeshani -
Commonwealth _ In its recent rate discussions, the Bank of Canada indicated that the existing benchmark interest rate might...

Bank of Canada still to decide whether to further increase interest rates

Canada and Caribbean admin -
OTTAWA - Further interest rate rises from the Bank of Canada are very much still on the table as...

Even as the economy continues to grow, the Bank of Canada is poised to keep interest rates unchanged this week.

Education Mayondi Maralande -
The integration of technology in education has become increasingly important as the world becomes more digitized. Teachers and educators...

Bank of Canada is poised to keep interest rates unchanged this week.

News Mayondi Maralande -
The Bank of Canada is Canada's central bank, responsible for overseeing the country's monetary policy and financial stability. The...

Borrowers could get run over by Savers in the driver’s seat 

Money Veronica Elishya -
OTTAWA (CU)_The Bank of Canada last week, hiked its benchmark rate by half a point, but could consider event...

Why BoC could wind up choking off Canada’s recovery?

Money Veronica Elishya -
OTTAWA (CU)_The Bank of Canada (BoC) this week, ended its bond-buying stimulus programme and altered its timeline for a...

Bank of Canada to ensure a full economic recovery

Money Veronica Elishya -
OTTAWA (CU)_Over the past few months, many economies across the globe have been starting to recover from some of...