News
A good-looking story?
Governor Tiff Macklem lowered borrowing costs at a fourth-straight meeting of Governing Council in Ottawa on Wednesday.
Bank of Canada delivers 50 basis point rate cut
Governor Tiff Macklem lowered borrowing costs at a fourth-straight meeting of Governing Council in Ottawa on Wednesday.
Macklem warns AI may push prices higher through demand boost: Bloomberg
Macklem says the adoption of AI technologies may add to inflationary pressures in the short term.
Canada’s unemployment rate continues to march higher, hits 6.6% in August
Canada's unemployment rate jumps to 6.6% in August
Bank of Canada cuts rates for a third straight meeting, Macklem suggests more to come
Bank of Canada Governor Tiff Macklem at a press conference in July 2024.
Easing inflation keeps door open for Bank of Canada rate cuts
Inflation eases to the slowest since March 2021
Canada loses jobs for a second month, leaving door open for more rate cuts
The latest jobs report does nothing to alter the view that the Bank of Canada will lower interest rates further, after cutting in June and July.
