OTTAWA Canada's economy will see a solid and sustained rebound this year as inoculations ramp up, Bank of Canada governor Tiff Macklem said on Tuesday, while warning that Canada's red-hot housing market is starting to show signs of "excess exuberance."
OTTAWA The Bank of Canada scaled back the frequency of its provincial bond-buying program on Tuesday, saying that provincial credit markets are functioning well and no longer need as much support.
OTTAWA, Feb 23 The Bank of Canada scaled back
the frequency of its provincial bond-buying program on Tuesday,
saying that provincial credit markets are functioning well and
no longer need as much support.
OTTAWA Canada's annual inflation rate accelerated more than expected in January, data from Statistics Canada showed on Wednesday, and could continue to rise in coming months compared with the low levels reached a year ago during the first COVID-19 lockdowns.
OTTAWA Canada must justify its planned C$100 billion ($78.86 billion)post-pandemic stimulus plan before committing to significant new spending and should commit to a clear fiscal anchor, the International Monetary Fund said on Tuesday.
OTTAWA Canadian universities are facing a financial crunch amid the COVID-19 crisis, as a drop in foreign enrollment and shuttered campuses dent the bottom line and the country's slow vaccine rollout weighs on the next school year.
OTTAWA, Feb 10 The COVID-19 pandemic has added
urgency to the Bank of Canada's development of a digital
currency and a decision could come sooner than previously
thought, a senior policymaker said on Wednesday, though he noted
that a launch was not a "foregone conclusion."
OTTAWA, Feb 5 Canada lost far more jobs than
expected in January, with the declines driven by coronavirus
lockdowns in populous Ontario and Quebec, while the unemployment
rate rose sharply, Statistics Canada data showed on Friday.
OTTAWA/TORONTO For 15 years, Halima has supported herself and her three children by working long hours taking care of elderly clients in retirement homes or in their personal residences in Toronto.
OTTAWA, Jan 29 Canada's economic growth outpaced
expectations in November, posting a seventh consecutive monthly
gain, while a surge in COVID-19 and fresh lockdowns likely
slowed growth in December, data from Statistics Canada showed on