Economy

BoC expected to cut key interest rate despite good growth in Q2

Real GDP continued to shrink on a per-person basis, marking the fifth consecutive decline

By Nojoud Al Mallees, The Canadian Press |August 30, 2024

3 min read

Fed’s favoured inflation gauge shows price pressures easing

Despite the near-end of high inflation, many Americans remain unhappy with the cost of living

By Christopher Rugaber, The Associated Press |August 30, 2024

3 min read

Inflation falls to 2.2% in Europe

The door’s now open for the European Central Bank to cut interest rates

By David Mchugh, The Associated Press |August 30, 2024

3 min read

Alberta expects oil prices to boost its surplus

The government has no plan to immediately introduce the promised personal tax cut

By Lisa Johnson, The Canadian Press |August 30, 2024

2 min read