The Bank of Canada’s growing list of worries
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …
forecasts
How India’s independent weathermen are taking the internet by storm
Independent weather forecasters like Srikanth and cloud chasers have grown in popularity amid disruptions to India’s four seasons owing to climate change. Their views on the weather are sought after …
U.S. eases vehicle emissions rules, but overall reduction targets remain unchanged
The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker …
Bank of Canada worries a rate cut now could overheat the spring housing market
The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …
New NASA climate satellite will keep eye on plankton, clouds. Here’s why
NASA’s newest climate satellite rocketed into orbit Thursday to survey the world’s oceans and atmosphere in never-before-seen detail. SpaceX launched the Pace satellite on its $948-million US mission before dawn …
What does 2024 have in store for the Canadian economy?
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing …
Some mortgage rates are dropping, but renewed loans could keep economy slow
As some Canadian lenders expect central banks, such as the Bank of Canada, to lower influential interest rates in 2024, borrowers can expect a late Christmas present with lower rates on …
Canada’s economy stalled again in October but likely up 0.1% in November
Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. …
In the market for a diamond? Stones that are manufactured, not mined, are gaining in popularity
When Evelyn Schaffer first saw her engagement ring, she was speechless. It was a 0.76-carat, oval-cut stunner — and she said no one has been able to tell that the diamonds …
Pharmacare bill to be tabled by March 2024, Liberals and NDP confirm
The Liberals and the NDP have agreed to extend pharmacare negotiations into 2024, with a new goal of introducing legislation by March 1. “Pharmacare will impact so many Canadians, which …