Canadian Economy

GOLDSTEIN: Ontario’s ‘lost decade’ under the Liberals

To hear Premier Kathleen Wynne tell it, Ontario taxpayers can have all sorts of free or inexpensive election goodies — daycare, prescription drugs, …

Canada

Canadian Inflation Highest In Years As Gas, Energy Prices Jump

Energy prices were 7.5 per cent higher than a year earlier, while gas prices were up 17.1 per cent.<p>OTTAWA — Canada's annual inflation rate continued …

Bank of Canada

Canada Inflation Accelerates in March

Consumer prices post biggest year-over-year increase since late 2014<p>By<p>Paul Vieira<p>Paul Vieira<p>The Wall Street Journal<p>Biography<p>@PaulVieira<p>Paul.Vieira@wsj.com<p>OTTAWA—Canada’s inflation picked up steam in March, recording the largest annual increase in prices since late 2014, in another sign the economy …

Economics

The Greenback Is Alive

Rising US rates appear to be helping lift the dollar.<p>Japan's CPI was in line with expectations, softer.<p>Canada reports retail sales and CPI.<p><b>The US</b> …

Business

Canadian Inflation Quickens Less Than Forecast to 2.3%

Canada’s inflation rose at the fastest pace in more than three years in March, though gains were slower than forecast.<p>The consumer price index …

Business

TSX rises, led by financials and Rogers Communications

TORONTO (Reuters) - Canada's main stock index rose on Friday as higher bond yields boosted financials, while shares of Rogers Communications jumped after the telecommunications company reported profits that beat estimates.<p>* The Toronto Stock Exchange's S&P/TSX composite index closed up 29.9 points, …

Business (Canada)

Central bank gambles Canadians won't get into the inflation habit

Canadian borrowers fearful of another hike in Bank of Canada interest rates are likely off the hook for three months at least.<p>There is a tiny chance …

Economics

Canada's Freeland says 'good progress' made in NAFTA talks

© Reuters. Canadian Foreign Minister Freeland speaks during a joint news conference on the closing of the seventh round of NAFTA talks in Mexico …

World Economy

CANADA FX DEBT-C$ hits 11-day low as rate hike bets slip on inflation miss

CANADA FX DEBT-C$ hits 11-day low as rate hike bets slip on inflation miss<p>* Canadian dollar at C$1.2756, or 78.39 U.S. cents<p>* Loonie touches its …

Business (Canada)

Canadian Top Court's Beer Ruling Offers Few Clues for Kinder

A push for freer alcohol trade within Canada fell flat at the country’s highest court, in a ruling that offers little new clarity on the …

Canada

U.S. miscalculating if it is determined to contain China’s rise: official

China is well prepared to handle any negative effects from its trade dispute with the United States, the commerce ministry said on Thursday, adding that Beijing’s tariff hikes on U.S. imports will not have a big impact overall on its domestic industries.<p>It would be a miscalculation by the United …

China

Russia joins bid to win compensation over US metals tariffs

Russia has joined the European Union, India and China in demanding compensation from the United States for its tariffs on foreign steel and aluminum.<p>The World Trade Organization's web site posted Thursday a filing from Russia that, like other countries, argues that the tariffs that took effect …

Economy

WRAPUP-Weaker-than-expected Canada inflation disappoints markets, C$ falls

WRAPUP-Weaker-than-expected Canada inflation disappoints markets, C$ falls<p>By David Ljunggren<p>OTTAWA, April 20 (Reuters) - Canada's annual inflation …

Business (Canada)

Mortgage rule changes blamed for ‘softness’ in economy | Watch News Videos Online

April 18 2018 11:17am<p>00:31<p>The Bank of Canada, which kept its interest rate at 1.25 per cent, said slower first-quarter growth of about 1.3 per cent …

Bank of Canada

Canadian dollar edges higher as oil prices and jobs climb

The Canadian dollar edged higher against its U.S. counterpart on Thursday after hitting a one-week low the day before, as oil prices climbed and data showed a jump in domestic employment.<p>The price of oil, one of Canada’s major exports, rose to its highest since late 2014 as U.S. crude inventories …

Business (Canada)

Number of Canadians Receiving Jobless Benefits Hits Record Low

The number of people receiving jobless benefits fell to a record low in February, another reflection of diminishing labor market slack as the Bank of …

Business

CANADA STOCKS-TSX futures down ahead of inflation data, dip in oil prices

© Reuters. CANADA STOCKS-TSX futures down ahead of inflation data, dip in oil prices<p>April 20 (Reuters) - Stock futures pointed to slightly lower …

Business (Canada)

Volatility, geopolitical tensions and rising debt worrying the IMF

It expects the global economy to grow 3.9% this year—for now

Investing (Canada)

IMF chief sends volatility warning to investors

<i>by Andrew Mayeda</i><p>Investors should be prepared for more volatility as overstretched markets adapt to the end of easy central-bank money, according to …

Stock Markets

Global Outlook’s Glass Seen Half Full as Markets Fret: Eco Week

<i>Follow the latest global economic news and analyis @economics.</i><p>Global policy makers are adopting a “glass half full” approach to the world economy, …

Business

Moody’s just downgraded Ontario’s financial outlook to ‘negative’

TORONTO — A key ratings agency has downgraded its outlook on Ontario’s finances to “negative” from “stable” in light of the Liberal government’s plan …

Investing (Canada)

Canada sees progress on crucial autos file at NAFTA talks

© Reuters. Canadian Foreign Minister Freeland speaks during a joint news conference on the closing of the seventh round of NAFTA talks in Mexico …

World Economy

Poloz Holds Rates, Sees More Room for Canada's Economy to Grow

Bank of Canada Governor Stephen Poloz kept interest rates on hold and indicated he’s not worried a better- than-expected growth outlook will ignite …

Economy

U.K. inflation in surprise fall, raising questions about next rate hike

Official figures show that inflation in Britain unexpectedly fell in March, a development that is likely to raise questions in financial markets as …

Economics

Bank of Canada to make interest rate announcement, predictions for the economy

OTTAWA — The Bank of Canada will decide today whether to continue raising interest rates, and will issue its latest predictions for the Canadian …

Economy

Bank of Canada Sees 3% as Potential Wage Growth for Economy

The Bank of Canada released details of how it's assessing developments in the labor market, saying wage growth remains below levels that would be …

Business

Canadian dollar falls as Bank of Canada leaves rates at 1.25%

The Canadian dollar USDCAD, +0.4701% fell against its U.S. counterpart on Wednesday, as the Bank of Canada left interest rates unchanged at 1.25%, in …

Business

OPINION: Ontario swimming in a dangerous pool of red ink

<b>BY KARL BALDAUF</b>Earlier this week, we learned that our shared prosperity is at risk if Ontario does not adopt a different plan to achieve longterm …

Economics

Loonie extends drop after Poloz reiterates caution on rate rises

The Canadian dollar extended its decline against the greenback on Wednesday after the country’s central bank governor reiterated the need for a …

Economics

Bank of Canada says more rate hikes coming, but holds for now

By Andrea Hopkins and Leah Schnurr<p>OTTAWA (Reuters) - The Bank of Canada flagged more interest rate hikes would be coming after it held its benchmark …

Business (Canada)