Daily News

The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. The Bank is continuing its reinvestment phase, keeping its overall h...

Kevin Carmichael: Economy grew at an annual rate of 6.7 per cent in the fourth quarter, much faster than the Bank of Canada was expecting The Canadian economy grew at an annual rate of 6.7 per cent in the fourth quarter, much faster than the Bank o...

Kevin Carmichael: Poloz's outlook would allow current policy-makers to take a gentler path back to higher interest rates Former Bank of Canada governor Stephen Poloz predicted year-over-year increases in the consumer price index will slow to a rate...

What would haven been unambiguously positive for Canada's oil-rich economy in the past may turn out to be a drag now, economists warn Surging energy prices are typically a boon for Canada. But not this time. On Thursday, oil soared above US$...

The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards  for students with disabilities, Indigenous students and students who id...

The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022. Mr. Schembri joined the Bank in 1997 and was appoin...

Deputy Governor Tim Lane discusses how the Bank of Canada approached decision making during the unprecedented upheaval brought on by the COVID‑19 pandemic....

Watch: Canadian Chamber of Commerce chief executive Perrin Beatty talks about what Canada needs to do to get past COVID Perrin Beatty, chief executive of the Canadian Chamber of Commerce, speaks with the Financial Post’s Larysa Harapyn about what C...

Governor Tiff Macklem discusses how—by investing in technology and people—businesses can help the economy grow more with less inflation. Watch Governor...

If we’re going to afford all the things we think we need, we need more economic growth I was fooling around with some GDP data the other day, as we economists are wont to do, and when I put it on a chart and drew a couple of trend lines, I was shoc...