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Bank of Canada says it’s reasonable to expect more rate cuts

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By Promit Mukherjee and David LjunggrenOTTAWA, Sept 24 (Reuters) - Given the continued progress the Bank of Canada has made in bringing inflation back...
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TSX futures subdued ahead of data-heavy week

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(Reuters) - Futures tied to Canada's main stock index dipped on Monday after last week's gains as cautious investors awaited domestic and U.S. economic...
Sports

Bank of Canada: AI could boost inflationary pressures in short-term

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OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to...
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Bank of Canada: consensus decisions don’t mean all members agree on path for rates

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OTTAWA, Sept 19 (Reuters) - Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean governing council...
World

Canada further tightens rules on temporary workers, students

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By Anna Mehler PapernyTORONTO (Reuters) - Canada is further reducing the number of study permits it will grant to foreign students and tightening eligibility...
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Canada’s inflation rate hits 2% target, lowest level in more than three years

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OTTAWA — Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price growth, raising...
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Bank of Canada governor raises prospect of faster rate cuts, FT reports

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(Reuters) -Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported...
World

Canada is getting poorer when compared to its wealthy peers, data shows

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Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it...
Bussiness

Canada’s third-quarter growth seen much slower than Bank of Canada forecast

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By Promit MukherjeeOTTAWA (Reuters) - Canadian gross domestic product in the third quarter is likely to fall well short of the Bank of Canada's...
Bussiness

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risks

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Bank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.In a speech...
Bussiness

ECB is poised to cut rates again in warm-up act for the Fed

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(Bloomberg) — The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as...
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Recent immigrants shut out of strong wage growth as unemployment rises in Canada

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OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers...
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