A surprisingly low inflation rate, airline negotiation tips, and the decreasing cost of clothing: Business and investing stories for Oct. 20
Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the ...
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The Bank of Canada Has the Green Light to Cut 50bps
Opting to cut 50bps and the aggressive market easing around the expected path forward are likely to ignite growth faster over ...
Inflation falls to 1.6%, making a case for larger Bank of Canada rate cut
CPI in September below 2% for the first time in more than three years, heavily influenced by drop in gas prices ...
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Canada Debates Whether To Supersize Rate Cuts
A fourth consecutive Bank of Canada rate cut is expected, but the market senses it will accelerate the move towards neutral policy rates with a 50bp step change. Inflation is finally below target ...
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Quebec libraries portrait shows disparity between Montreal and regions
Public libraries are popular with the public, but most Quebec municipalities are struggling to meet demand, while some have ...
Major Banks See Bigger Canada Rate Cut After Soft Inflation Data
All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point ...
Posthaste: Bank of Canada could have a new worry as 'overly restrictive' interest rates sting, economists warn
At least that’s what some economists are saying following the latest inflation data from Statistics Canada, who believe the 1 ...
Bank of Canada to cut rates by 50 bps on Oct. 23; next move unclear
The Bank of Canada will cut its overnight rate by 50 basis points on Oct. 23 as price pressures ease, according to two-thirds of economists polled by Reuters who however failed to reach a consensus on ...
Inflation’s sharp drop to 1.6% fuels calls for half-point rate cut
Annual inflation was 1.6 per cent in the month, down from two per cent in August, thanks largely to continually lower gasoline prices, the agency said.
Canada Jobless Rate Dips, Firming Case for Gradual Rate Cuts
Canada’s unemployment rate fell as the economy produced more new jobs than expected, bolstering the Bank of Canada’s case for ...
Inflation for September eases to 1.6%, below the Bank of Canada's target rate
Canada’s inflation rate fell to 1.6 per cent in September, below the Bank of Canada ‘s two per cent target and marking the smallest yearly increase in prices since February of 2021.