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11 of the 16 main industries recorded declines, according to Statistics CanadaLabour productivity at Canadian businesses fell by 0.2 per cent during the second quarter of 2024, with 11 of the 16 main industries recording declines, Statistics Canada said on T...

Largest energy procurement in the province's history is on a collision course with federal policy Get the latest from Gabriel Friedman straight to your inbox Sign Up Ontario is preparing the largest energy procurement in its history, which will reshap...

Falling interest rates to bring flood of funds back to financials, REITs, utilities and telecoms We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: CIBC says the 'when'...

Robert McLister: We’re probably not far from seeing 3.99% 5-year fixed rates — at least of the insured varietyCanada’s central bank just tossed borrowers another bone with a quarter-point rate cut. That has brought Canada’s benchmark prime rate down to 6.45...

Effects not likely to be felt for some timeOn Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the third consecutive time, bringing it down to 4.25 per cent. Economists are predicting further interest rate cuts by the cent...

Here's what the experts are saying about the central bank's decision today and the road aheadThe Bank of Canada cut interest rates for a third consecutive time by 25 basis points on Wednesday, leaving its benchmark lending rate at 4.25 per cent. We apolo...

Last time the central bank cut three times in a row, outside the pandemic, was the global financial crisisThe Bank of Canada cut its policy interest rate for the third consecutive time on Wednesday and signalled that more cuts were ahead as concern about a w...

Union says pilots paid less than half of what industry counterparts receiveAir Canada has offered to boost the pay of more than 5,000 pilots by about 30 per cent within the next three years, according to people familiar with the matter, as it seeks to preven...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement. Today, we lowered the policy interest rates by 25 basis points to 4.25%. This is...