Economy

Macklem warned premiers about dangers of putting BoC’s independence at risk

The exchange is the latest example of the heightened political scrutiny the BoC has faced post-pandemic

By Nojoud Al Mallees, The Canadian Press |October 24, 2023

3 min read

BoC expected to hold key interest rate steady at 5% amid ‘sluggish’ economy

Wednesday's rate announcement will be accompanied by the quarterly monetary policy report

By Nojoud Al Mallees, The Canadian Press |October 23, 2023

4 min read

Retail sales down slightly in August: StatsCan

Consumer confidence continues to be soured by rate hikes and inflation

By The Canadian Press |October 20, 2023

2 min read

Mortgage borrowing drove household debt growth in August: StatsCan

Credit card balances also swelled, while HELOCs shank, the agency said

By James Langton |October 20, 2023

1 min read