Deficits could also push up bond yields
The proposed replacement for the universal child-care benefit is aimed at putting more money into the pockets of lower-income families.
Canadian home sales in September were down from August as some of the country’s hottest real estate markets saw sales cool, but prices continued to show strength. The Canadian Real Estate Association said Thursday that home sales in September through its Multiple Listing Service were down 2.1% compared with August. The drop came as the […]
Canadians owe nearly $1.65 in credit market debt for every dollar of disposable income
Measures to tighten mortgage-lending rules have helped manage the associated risks
Excluding energy prices, the annual inflation rate was 2.1% in June
Canada’s big banks have trimmed their prime rates by 0.15 percentage points to 2.7%
Central bank slashes economic outlook
The disappointing result for April raises the chances the BoC will cut its key interest rate later this year
Statistics Canada reports that May’s consumer price index rose 0.9% from a year ago