Nojoud Al Mallees, The Canadian Press

Nojoud Al Mallees is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

Economic Indicators

Surge in newcomers putting pressure on inflation via housing demand: BoC official

All levels of government must work together to reduce barriers to building more homes, deputy governor said

By Nojoud Al Mallees, The Canadian Press | December 7, 2023

3 min read

Policy

Bank of Canada holds key interest rate steady at 5%

In final decision of 2023, central bank says weaker growth and cooling job market suggests demand is no longer outpacing supply

By Nojoud Al Mallees, The Canadian Press | December 6, 2023

3 min read

Economic Indicators

Canadian economy shrank in Q3

Economists expect Bank of Canada to remain on hold amid economic weakness

By Nojoud Al Mallees, The Canadian Press | November 30, 2023

2 min read

News

Questionnaire shows Canadians largely oppose digital loonie

Bank of Canada survey suggest top concerns are privacy and low levels of trust in institutions to protect personal data

By Nojoud Al Mallees, The Canadian Press | November 29, 2023

2 min read

Policy

New fiscal guardrails ‘helpful’ for monetary policy: Macklem

Bank of Canada governor weighs in on the federal government's updated fiscal projections and new rules to limit deficits

By Nojoud Al Mallees, The Canadian Press | November 22, 2023

2 min read

Policy

Half-hearted fight against inflation would be `huge mistake,’ Macklem warns

Bank of Canada governor makes remarks day after new inflation numbers show Canada's inflation rate fell to 3.1% in October

By Nojoud Al Mallees, The Canadian Press | November 22, 2023

3 min read

Policy

Freeland’s fiscal update pledges new guardrails to keep deficits in check

A slowing economy and high inflation mean the government has little room to operate

By Nojoud Al Mallees, The Canadian Press | November 21, 2023

2 min read

Economic Indicators

Economists expect inflation slowed again in October as high interest rates take hold

The CPI report Tuesday morning will be followed by the government's fall economic statement

By Nojoud Al Mallees, The Canadian Press | November 20, 2023

2 min read

Tax News

CRA claws back $458 million in pandemic-era wage subsidies

Most adjustments were related to calculation errors and lack of documentation rather than ineligibility

By Nojoud Al Mallees, The Canadian Press | November 20, 2023

3 min read

Policy

Bank of Canada summary reveals hawkish tone to rate deliberations

Members said it's more likely than not that interest rates will need to go higher to get inflation back to target levels

By Nojoud Al Mallees, The Canadian Press | November 8, 2023

2 min read

Policy

Small businesses still hoping for CEBA loan forgiveness extension as time runs out

Upcoming fall economic statement could be last chance for a policy change

By Nojoud Al Mallees, The Canadian Press | November 7, 2023

4 min read

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