Keyword
Bank of Canada
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Inflation cools, but underlying rate continues to heat up
Ottawa – The annual pace of inflation cooled to 1.7 per cent last month – but rising prices underneath the turbulence of this headline number suggest the Bank of Canada is unlikely to veer from its interest-rate hiking path. A…
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Economy tops expectations, growing faster than expected in January
Ottawa – The economy kicked off the year with a bang, rising faster than expected in January, providing further evidence of robust growth but not enough to alter expectations that the central bank will maintain its dovish position. Statistics Canada…