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forecasts

U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

by Anas Siddiqui
U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …

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Grocers’ code of conduct won’t work unless all companies sign on, Metro CEO tells MPs

by Anas Siddiqui
Grocers’ code of conduct won’t work unless all companies sign on, Metro CEO tells MPs

All major industry players need to sign on to the grocery code of conduct in order for it to be successful, said Metro Inc. president and CEO Eric La Flèche. …

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Canada’s oil and gas emissions cap is coming — here’s what to expect

by Walter Watson
Canada’s oil and gas emissions cap is coming — here’s what to expect

The federal government says Canada’s promised oil and gas emissions cap framework could drop any day. Environment Minister Steven Guilbeault — now in Dubai for the 2023 United Nations Climate Change Conference, …

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NDP tells Liberals to sweeten the deal if pharmacare legislation is delayed

by Akin Smith
NDP tells Liberals to sweeten the deal if pharmacare legislation is delayed

New Democrats say that if the Liberal government can’t honour its vow to pass pharmacare legislation by the end of this year, it will have to enhance the legislation to …

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In an uncertain economic climate, the federal government banks on hope

by Anas Siddiqui
In an uncertain economic climate, the federal government banks on hope

Almost any budgetary process is an exercise in optimism. The federal government hopes it can hold the line on program spending. It hopes the global economy is on the road …

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The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

by Walter Watson
The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

In a lot of ways, the U.S. and Canadian economies are similar. They’re both seeing progress in the fight to rein in inflation. They both have robust employment levels. But …

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Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

by Anas Siddiqui
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

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 …

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