Economy

Foreign investors reduce Canadian holdings: StatsCan

Portfolio flows turn negative in March, but stay positive for first quarter

By James Langton |May 17, 2023

1 min read

Scotia sees rate hikes resuming as early as June

Strong inflation data coupled with housing market rebound makes case for more BoC tightening

By James Langton |May 16, 2023

1 min read

Canada’s annual pace of inflation rose to 4.4% in April

Rent and mortgage costs led to the first increase in the annual rate since it peaked at 8.1% in June 2022

By Staff, with files from The Canadian Press |May 16, 2023

3 min read

U.S. retail sales up 0.4% in April, buoyed by job market and declining prices in some areas

Consumers face challenges in the second half of the year, including tighter credit and a weaker job market

By Anne D'innocenzio, The Associated Press |May 16, 2023

3 min read