The Current18:56Why Tiff Macklem won’t rule out more rate hikes Bank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but …
The Bank of Canada’s efforts to tame inflation by raising interest rates are at odds with the projected pace of government spending, says governor Tiff Macklem. Macklem spoke to reporters …
The Bank of Canada has decided to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so and a sign it may …
Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence. The …
Retail sales fell by 0.1 per cent to $66.1 billion in August, Statistics Canada reported Friday, adding that advanced estimates for September look like no growth, too. The data agency …
The Liberal government’s latest plan to get more rental housing built is to expand a program that helps developers secure cheaper mortgage rates as higher interest costs affect the viability …
A Canadian senator is looking to “modernize” the Bank of Canada’s mandate, including appointing “external” people to a permanent committee to discuss and set interest rates. The changes put forward …
Bank of Canada governor Tiff Macklem reaffirmed the central bank’s independence on Thursday in response to politicians weighing in on the institution’s interest rate decisions over the past week. “I …
Descrease article font size Increase article font size Doug Ford has become the second Canadian premier to formally express his displeasure with interest rate hikes, calling on the Bank of …