Economy

BoC delivers half percentage point rate cut BoC delivers half percentage point rate cut

Economy

BoC delivers half percentage point rate cut

Central bank says its job has shifted from lowering inflation to maintaining it around the 2% target

By Nojoud Al Mallees, The Canadian Press |October 23, 2024

3 min read

Household consumption to slow as debts rise: Fitch Household consumption to slow as debts rise: Fitch

Economic Indicators

Household consumption to slow as debts rise: Fitch

Consumer spending supported by immigration-driven population growth

By James Langton |October 22, 2024

2 min read

IMF’s economic view: A brighter outlook for U.S. but still-tepid global growth IMF’s economic view: A brighter outlook for U.S. but still-tepid global growth

Economic Indicators

IMF’s economic view: A brighter outlook for U.S. but still-tepid global growth

Organization lowers its estimates for growth in Europe and China

By Paul Wiseman, The Associated Press |October 22, 2024

4 min read

Energy price weakness eases input inflation: StatCan Energy price weakness eases input inflation: StatCan

Economic Indicators

Energy price weakness eases input inflation: StatCan

Decline in raw materials, industrial product prices led by crude oil

By James Langton |October 22, 2024

1 min read