Bank of Canada Cuts Growth Forecasts for 2025 and 2026
The bank said 2025 growth would be 1.8%, down from the 2.1% it forecast in October. Growth in 2026 will also be 1.8%, down from 2.3%. Annual inflation in 2025 will average 2.3%, up from 2.2% in October, due to less excess supply, stronger oil prices and higher import prices resulting from the lower Canadian dollar.
Any Canadian response to U.S. tariffs will be regionally fair and equitable and not single out Alberta, Canada's main ...
Prime Minister Justin Trudeau should have acted quicker to protect Canadian elections from outside meddling, a government ...
The oft-debated Canada lynx is now teed up as one of the first high-profile Endangered Species Act dilemmas to greet the ...
Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada’s prime minister, said ...
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within ...
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing ...
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Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: expertsThe gap in interest rate policies between Canada and the U.S. is set to widen further as the Bank of Canada cut its key ...
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Ontario judge begins hearing arguments over landmark $32.5-billion tobacco settlementAn Ontario judge has begun hearing arguments about whether to approve a landmark $32.5-billion settlement that would see ...
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