News
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.
Bank of Canada interest rate cuts begin
Let’s allow the Bank of Canada a moment to celebrate - a mini victory lap.
Taking stock of Budget 2024: Three key takeaways
Canada’s 2024 budget is now at the 10-day mark since being tabled by Finance Minister Chrystia Freeland on April 16 - enough time to take stock of and process reaction from stakeholders.
Bank of Canada shows signs rate cut could be coming soon
At a policy decision on Wednesday, the Bank of Canada kept its policy rate unchanged at the current prohibitively high levels (with the overnight rate at five per cent) but indicated it will cut as early as June, should inflation data continue to show signs of easing between now and then.
Bank of Canada calls out lack of productivity
Some saw Bank of Canada's No. 2 official's recent speech on the nation's awful productivity numbers as a criticism of Prime Minister Justin Trudeau's economic record. Why did this speech get so much attention?