Daily News

'They are a little bit less credible now than they were yesterday' One of Bay Street’s most prominent economists said the Bank of Canada’s decision to go against market expectations of an interest-rate increase this week could hurt the institution’...

Retailers sold 2.1 per cent fewer goods in December, Statistics Canada estimates OTTAWA — Canadian retail sales most likely fell by 2.1 per cent in December as authorities imposed restrictions to fight the Omicron variant of the coronavirus and ret...

Budget officer Yves Giroux says rationale for stimulus of up to $100 billion no longer exists, unless the government has changed the policy yardsticks OTTAWA — Prime Minister Justin Trudeau is giving no indications of plans to rein in government sp...

Kevin Carmichael: Inflation rises to 4.8%, pushed higher by increases in the cost of almost everything Canada’s broadest measure of inflation climbed 4.8 per cent in December from a year earlier, the largest increase in more than 30 years, raising...

The ambition Canada has shown on the climate file is laudable and heading in the right direction — but there’s much more we can and should do The “big picture” economy can seem overwhelmingly large and complex. It’s easier to watch it unfold, letti...

The Bank of Canada and Office of the Superintendent of Financial Institutions (OSFI) today released the results of a pilot project on climate scenario a...

Governor Tiff Macklem has said that the path of interest rates will be determined by an array of indicators. We’ve done our best to reverse engineer what Macklem’s dashboard looks like Bank of Canada Governor Tiff Macklem has one objective: managin...

November's estimated rise would bring the economy almost back to pre-pandemic levels The economy is growing at a strong pace in the last months of 2021, priming it to handle some of the damage inflicted by the raging Omicron variant of COVID-19 whi...

Canada last year switched immigration strategies, targeting temporary residents already in the country and converting them to permanent residency Canada has welcomed more than 401,000 permanent residents in 2021, achieving its goal set last year, a...

Households appear keen to shop: Sales grew 1.6 per cent from September, to $57.6 billion, the second highest on record Retail sales rebounded in October, further evidence that Canada’s economy will be facing the fifth wave of COVID-19 infections wi...