Economy
Bank of Canada cuts key rate by 50 basis points in oversized step

Bank of Canada cuts key rate by 50 basis points in oversized step

The Bank of Cana­da deliv­ered an over­sized inter­est rate cut of half a per­cent­age point on Wednes­day, pick­ing up the pace of eas­ing bor­row­ing costs. The cen­tral bank’s pol­i­cy rate now stands at 3.75 per cent. Wednesday’s deci­sion…

Majority of Canadians think short-term rentals have negative impacts and support limiting commercial short-term rentals

Majority of Canadians think short-term rentals have negative impacts and support limiting commercial short-term rentals

A major­i­ty of Cana­di­ans think short-term rental prop­er­ties have a neg­a­tive…

Bank of Canada in Position to Accelerate Rate Cuts: Decision Guide

Bank of Canada in Position to Accelerate Rate Cuts: Decision Guide

The Bank of Cana­da is like­ly to make a jum­bo cut to inter­est rates,…

Not close enough for comfort: Inflation drops, but most continue to struggle with grocery, rental costs

    Not close enough for comfort: Inflation drops, but most continue to struggle with grocery, rental costs

    As Cana­di­ans absorb the impli­ca­tions of anoth­er change in the infla­tion rate – down…

    Consumer confidence hits 30 month high

    Consumer confidence hits 30 month high

    Cana­di­an con­sumer con­fi­dence has hit a new 30 month high. Sen­ti­ment is…

    Canada's inflation rate falls to 1.6% in September, smallest yearly increase since 2021

    Canada's inflation rate falls to 1.6% in September, smallest yearly increase since 2021

    Sta­tis­tics Cana­da says the annu­al infla­tion rate con­tin­ued to slow in Sep­tem­ber…

    Canadians more than three times more likely to believe real estate will increase rather than decrease in value (Bloomberg/Nanos)

    Canadians more than three times more likely to believe real estate will increase rather than decrease in value (Bloomberg/Nanos)

    Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…



    Jobless rate drops to 6.5% in September. What that means for rate cut hopes

    Jobless rate drops to 6.5% in September. What that means for rate cut hopes

    The Cana­di­an econ­o­my added some 47,000 jobs in Sep­tem­ber, enough to low­er the…

    Adjusting the Sails - 2024  Atlantic Canada Momentum Index

    Adjusting the Sails - 2024 Atlantic Canada Momentum Index

    This year’s Atlantic Cana­da Momen­tum Index offers evi­dence of a region at…

    Former Bank of Canada Official Sees Jumbo Rate Cut in October

    Former Bank of Canada Official Sees Jumbo Rate Cut in October

    An ex-mem­ber of the Bank of Canada’s gov­ern­ing body said offi­cials should cut…

    Consumer confidence remains in positive territory with views on future strength of economy up in past four weeks

    Consumer confidence remains in positive territory with views on future strength of economy up in past four weeks

    Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

    Positive views on the future strength of the economy up a significant six points in four weeks (Bloomberg/Nanos)

    Positive views on the future strength of the economy up a significant six points in four weeks (Bloomberg/Nanos)

    Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

    Brighter signs on affordability just as Liberals run out of time

    Brighter signs on affordability just as Liberals run out of time

    Inter­est rates are falling. Infla­tion is back down to the tar­get lev­el. Wages have…

    Labrador residents say "inhumane" food prices force families to go hungry

      Labrador residents say "inhumane" food prices force families to go hungry

      A moth­er in a com­mu­ni­ty where the cost of liv­ing is one of the high­est in the…

      Poloz Hears Proposals for New Fund to Pull Canada’s Pension Managers Back Home

      Poloz Hears Proposals for New Fund to Pull Canada’s Pension Managers Back Home

      For­mer Bank of Cana­da Gov­er­nor Stephen Poloz is exam­in­ing a list of ideas to…

      Gap between richest and the rest creates a land of disappointed citizens: economist

      Gap between richest and the rest creates a land of disappointed citizens: economist

      Nova Sco­tia econ­o­mist Lars Osberg’s lat­est book on the widen­ing gap between the very…



      Consumer confidence hits 29 month high on easing of interest rates

      Consumer confidence hits 29 month high on easing of interest rates

      Cana­di­an con­sumer con­fi­dence hit a 29-month high – large­ly on more pos­i­tive…

      One in three Canadians are worried or somewhat worried about paying for housing costs next month – worry for younger Canadians jumps to one half

      One in three Canadians are worried or somewhat worried about paying for housing costs next month – worry for younger Canadians jumps to one half

      One in three Cana­di­ans say they are wor­ried (14%) or some­what wor­ried (19%) about…

      Inflation cools sharply to 2% in August, hitting Bank of Canada’s target

      Inflation cools sharply to 2% in August, hitting Bank of Canada’s target

      Annu­al infla­tion cooled sharply to two per cent in August, accord­ing to Sta­tis­tics…

      Canada Yield Curve Disinverts With Fed and Macklem Eyeing Cuts

      Canada Yield Curve Disinverts With Fed and Macklem Eyeing Cuts

      Canada’s bench­mark two-year yield briefly dropped below the 10-year for the first time…

      Ottawa to expand 30-year amortizations, raise insured mortgage cap

      Ottawa to expand 30-year amortizations, raise insured mortgage cap

      The Lib­er­al gov­ern­ment on Mon­day announced pro­posed changes to the Cana­di­an…

      People over four times more likely to think the value of real estate will increase rather than decrease

      People over four times more likely to think the value of real estate will increase rather than decrease

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

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

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

      Tepid eco­nom­ic growth, com­bined with a pop­u­la­tion boom, has hit Canada’s…

      Consumer confidence hits a two-year high concurrent with rate cut announcement

      Consumer confidence hits a two-year high concurrent with rate cut announcement

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Canada’s unemployment rate hits 7-year high in August

      Canada’s unemployment rate hits 7-year high in August

      Canada’s unem­ploy­ment rate ticked high­er again in August as the labour mar­ket…



      Bank of Canada cuts key interest rate to 4.25%

      Bank of Canada cuts key interest rate to 4.25%

      The Bank of Cana­da deliv­ered its third con­sec­u­tive inter­est rate cut on Wednes­day…

      Consumer confidence for 2024 continues to track in marginally positive territory

      Consumer confidence for 2024 continues to track in marginally positive territory

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Views on real estate remain net positive but near five-month numeric low

      Views on real estate remain net positive but near five-month numeric low

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Bank of Canada Seen Cutting Rates Deeper, Faster Over Next Year

      Bank of Canada Seen Cutting Rates Deeper, Faster Over Next Year

      Econ­o­mists see the Bank of Cana­da cut­ting inter­est rates for a third…

      Kamala Harris would bring in price caps to fight corporate gouging — it could work here too

      Kamala Harris would bring in price caps to fight corporate gouging — it could work here too

      As economies around the world grap­pled with infla­tion after the pan­dem­ic, one idea…

      Inflation cools to 2.5% in July, slowest pace in more than 3 years

      Inflation cools to 2.5% in July, slowest pace in more than 3 years

      The annu­al rate of infla­tion cooled to 2.5 per cent in July, Sta­tis­tics Cana­da said…

      Statistics Canada says median family after-tax income in 2022 down after inflation

      Statistics Canada says median family after-tax income in 2022 down after inflation

      Sta­tis­tics Cana­da says the medi­an fam­i­ly after-tax income in 2022 fell com­pared…

      Generational Divide – Canadians over 60 have highest consumer confidence under 60 less confident

      Generational Divide – Canadians over 60 have highest consumer confidence under 60 less confident

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Canadians think higher business taxes in Canada than the US will harm jobs and investment; most favour matching US rates

      Canadians think higher business taxes in Canada than the US will harm jobs and investment; most favour matching US rates

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) hybrid tele­phone and online…

      Forward look on consumer confidence shows possible signs of softening

      Forward look on consumer confidence shows possible signs of softening

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Unemployment rate holds at 6.4% in July as jobs market ‘little changed’

      Unemployment rate holds at 6.4% in July as jobs market ‘little changed’

      Canada’s unem­ploy­ment rate held firm at 6.4 per cent in July amid a rel­a­tive­ly…

      Markets see ‘settling of nerves’ after dramatic drop, but recession talk is ‘brutally devastating’ for governments, say observers

      Markets see ‘settling of nerves’ after dramatic drop, but recession talk is ‘brutally devastating’ for governments, say observers

      Investors’ nerves are begin­ning to set­tle after a rocky few days for mar­kets in…

      People twice as likely to think the economy will be weaker rather than stronger in the next six months

      People twice as likely to think the economy will be weaker rather than stronger in the next six months

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Economy grew 0.2 per cent in May, StatCan estimates 2.2 per cent annualized Q2 growth

      Economy grew 0.2 per cent in May, StatCan estimates 2.2 per cent annualized Q2 growth

      The Cana­di­an econ­o­my grew 0.2 per cent in May, Sta­tis­tics Cana­da says. The…

      Consumer confidence positively steady

      Consumer confidence positively steady

      Nanos con­duct­ed an RDD dual frame (land- and cell-lines) tele­phone ran­dom sur­vey of…

      Bank of Canada cuts interest rate, signals more to come if inflation keeps dropping

      Bank of Canada cuts interest rate, signals more to come if inflation keeps dropping

      The Bank of Cana­da has decreased its pol­i­cy inter­est rate for the sec­ond…

      Consumer confidence steadily in positive territory

      Consumer confidence steadily in positive territory

      ana­di­an con­sumer con­fi­dence con­tin­ues to track in mar­gin­al­ly pos­i­tive…

      Trudeau's Tax Hikes Risk Worsening Canada's Struggle for Capital

      Trudeau's Tax Hikes Risk Worsening Canada's Struggle for Capital

      Prime Min­is­ter Justin Trudeau’s gov­ern­ment has turned to rais­ing tax­es on…