rate

Politics

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. …

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Business

Canada’s inflation rate dips to 2.5% in July, lowest since March 2021

Canada’s annual inflation rate dropped to 2.5 per cent in July  — down from 2.7 per cent in June, Statistics Canada said…

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Business

U.S. inflation in July hits lowest rate in 3-plus years

Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that…

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Business

Unemployment rate unchanged in July at 6.4%

Business·New Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said…

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Business

Rents are still rising across Canada, but at the slowest rate in 2 and a half years

Rents are still rising across Canada, but doing so at their slowest pace in the last 2½ years, according to…

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Business

Bank of Canada summary suggests weak job market was a concern ahead of July rate cut

The Bank of Canada wants the economy to pick up speed again and some members of its governing council are…

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Business

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…

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Politics

Conservative MP shares inaccurate, ChatGPT-generated stats on capital gains tax rate

An Ontario Conservative MP’s use of ChatGPT to share incorrect information online about Canada’s capital gains tax rate offers a cautionary tale to…

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Business

Life’s tough. Will the interest rate cut help?

Front Burner The Bank of Canada has cut its key interest rate by a quarter of a percent, the first…

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Health

Prisoners in Hamilton put in segregation at far greater rate than any other Ontario jail, data shows

After spending nearly a solid month alone in a jail cell in Hamilton, Cedar Hopperton remembers how the deafening quiet and isolation impacted her.  “The main…

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