Craig Lord, The Canadian Press Auhtor Headshot Image

Craig Lord, The Canadian Press

Craig Lord is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

Energy sector investment, exchange rate factors in possible BoC rate hikes Energy sector investment, exchange rate factors in possible BoC rate hikes

Policy

Energy sector investment, exchange rate factors in possible BoC rate hikes

The central bank's next interest rate decision is set for June 10

By Craig Lord, The Canadian Press |May 13, 2026

2 min read

Bank of Canada expects limited job losses in AI transformation Bank of Canada expects limited job losses in AI transformation

Economic Indicators

Bank of Canada expects limited job losses in AI transformation

So far, adoption of AI is concentrated in industries like finance and insurance, but limited in other sectors

By Craig Lord, The Canadian Press |May 13, 2026

2 min read

BoC report estimates U.S. counter-tariffs pushed prices up about 6% last year BoC report estimates U.S. counter-tariffs pushed prices up about 6% last year

Economic Indicators

BoC report estimates U.S. counter-tariffs pushed prices up about 6% last year

Prices of most tariffed goods fell to previous levels after measure was lifted

By Craig Lord, The Canadian Press |May 11, 2026

2 min read

Bank of Canada head ‘encouraged’ by Ottawa’s efforts to diversify economy Bank of Canada head ‘encouraged’ by Ottawa’s efforts to diversify economy

Policy

Bank of Canada head ‘encouraged’ by Ottawa’s efforts to diversify economy

Tiff Macklem also says long timelines for project approvals are holding back international investment in Canada

By Craig Lord, The Canadian Press |May 1, 2026

5 min read

Canada’s real GDP rose 0.2% in February Canada’s real GDP rose 0.2% in February

Economic Indicators

Canada’s real GDP rose 0.2% in February

It was led by was a 1.8% gain in the manufacturing sector, Statistics Canada says

By Craig Lord, The Canadian Press |April 30, 2026

2 min read

Bank of Canada holds key rate steady but warns future movements unclear Bank of Canada holds key rate steady but warns future movements unclear

Policy

Bank of Canada holds key rate steady but warns future movements unclear

"Monetary policy may need to be nimble" as BoC grapples with oil shock, trade war: Macklem

By Craig Lord, The Canadian Press |April 29, 2026

5 min read

Liberals must show results in spring economic update: former PBO Liberals must show results in spring economic update: former PBO

Policy

Liberals must show results in spring economic update: former PBO

No big changes expected in government deficits, overall fiscal position

By Craig Lord, The Canadian Press |April 27, 2026

6 min read

Prime Minister Mark Carney announces Canada’s 1st sovereign wealth fund Prime Minister Mark Carney announces Canada’s 1st sovereign wealth fund

Policy

Prime Minister Mark Carney announces Canada’s 1st sovereign wealth fund

Fund will invest public and private money in major Canadian industrial projects

By Craig Lord, The Canadian Press |April 27, 2026

5 min read

BoC expected to hold key rate on Wednesday BoC expected to hold key rate on Wednesday

Policy

BoC expected to hold key rate on Wednesday

Central bank in "holding pattern" as it grapples with Iran war shock, trade uncertainty

By Craig Lord, The Canadian Press |April 27, 2026

4 min read

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