Keyword
Bank of Canada
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Insurance policy for pipeline is result of ‘exceptional situation,’ says Trudeau
New York – Prime Minister Justin Trudeau says putting federal cash down as an insurance policy of sorts to get the Trans Mountain pipeline expansion built is the result of an “exceptional”political situation. Speaking in New York City a day…
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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…