Why MP questions put the Bank of Canada governor in a political minefield
Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee.
Tiff Macklem in political news
Canada's inflation rate finally hit the Bank of Canada's target. What does that mean for prices?
Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.
Canada's unemployment rate rises to 6.6%, sparking concerns
Canada's unemployment rate is just the latest economic indicator flashing red. It climbed to 6.6 per cent last month. Excluding the volatile swings of the COVID era, that's the highest it's been since 2017.
Bank of Canada cuts key interest rate to 4.25%
The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June.
From ‘gradual’ to a cut every meeting: Why are interest rate bets changing?
The latest inflation data from July sealed bets from economists that the Bank of Canada is set for its third interest rate cut in a row come September, with growing beliefs that there could be even more relief on the horizon.
Canada's inflation rate dips to 2.5% in July
Canada's annual inflation rate slowed to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday.
Bank of Canada cuts key interest rate again, more cuts 'reasonable' if inflation keeps easing
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem saying during a news conference that it would be reasonable to expect further rate cuts if inflation continues to ease.
Low productivity growth country's 'Achilles heel': Bank of Canada governor
Bank of Canada governor Tiff Macklem is sounding the alarm on Canada's productivity problem and urging policymakers to dig into why the country struggles with low business investment.
Bank of Canada cuts key interest rate to 4.75%
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank's first rate cut since March 2020.