Economy

PBO projects deficit exceeded government’s $40B pledge

Liberals won't say if they'll meet target

By Nojoud Al Mallees, The Canadian Press |October 17, 2024

2 min read

European Central Bank cuts interest rates again

Seeing no signs of recession, bank’s rate-setting council lowers benchmark rate from 3.5% to 3.25% — its third reduction since June

By Pan Pylas, The Associated Press |October 17, 2024

3 min read

As rates ease, Ontario to lead growth rebound: CIBC

Provinces hard hit by higher rates forecast to drive recovery

By James Langton |October 16, 2024

1 min read

Manufacturing sales fell 1.3% to $69.4B in August: StatCan

Led by fall in sales in the primary metal and petroleum and coal product subsectors

By The Canadian Press |October 16, 2024

1 min read