Bank of Canada

Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem

Economic Indicators

Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem

Policies to promote an increase in workers would help, the Bank of Canada governor said

By The Canadian Press |November 10, 2022

2 min read

Decorative pattern

Economic Indicators

Amid growing criticism, Macklem says Bank of Canada’s independence not under threat

Forecasters are expecting higher interest rates to trigger a recession

By Nojoud Al Mallees, The Canadian Press |October 31, 2022

4 min read

Bank of Canada expected to raise interest rates on Wednesday as recession fears grow

Economic Indicators

Bank of Canada expected to raise interest rates on Wednesday as recession fears grow

Markets will be watching the quarterly monetary policy report closely

By Staff, with files from The Associated Press |October 24, 2022

4 min read

Most consumers, businesses expect recession but views on inflation diverge: BoC

Economic Indicators

Most consumers, businesses expect recession but views on inflation diverge: BoC

Businesses expect to raise prices more slowly and for wage increases to soften

By Nojoud Al Mallees, The Canadian Press |October 17, 2022

3 min read