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Tuesday, June 24, 2025
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Bank of Canada head Tiff Macklem says mandate should evolve in a 'shock-prone' world
National News

Bank of Canada head Tiff Macklem says mandate should evolve in a 'shock-prone' world

  • Craig Lord The Canadian Press
  • Jun 7, 2025

OTTAWA - Tiff Macklem is wearing an Edmonton Oilers pin as he reflects on coming very close to beating big odds.

Inflation volatility, tariff uncertainty keep Bank of Canada sidelined
National News

Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

  • Craig Lord The Canadian Press
  • Updated Jun 4, 2025

OTTAWA - The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate on hold …

Canada's domestic tourism industry could net billions due to U.S. trade war: report
National News

Canada's domestic tourism industry could net billions due to U.S. trade war: report

  • Craig Lord The Canadian Press
  • Updated Jun 3, 2025

OTTAWA - Canada's tourism industry might be in for a boost as Canadians boycott the United States and spend their travel dollars closer to hom…

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Bank of Canada rate cut odds for June fall after April inflation data
National Business

Bank of Canada rate cut odds for June fall after April inflation data

  • Craig Lord The Canadian Press
  • Updated May 20, 2025

OTTAWA - Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate d…

Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1
National Business

Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1

  • Sammy Hudes The Canadian Press
  • Updated Apr 30, 2025

The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade wa…

Economy posts biggest job loss since 2022 as U.S. tariffs begin to take their toll
National News

Economy posts biggest job loss since 2022 as U.S. tariffs begin to take their toll

  • Craig Wong The Canadian Press
  • Updated Apr 4, 2025

OTTAWA - March saw the Canadian economy post its biggest job loss since January 2022 as the uncertainty caused by U.S. tariffs started to take…

'Very difficult position': Bank of Canada expected to cut rate amid trade uncertainty
National News

'Very difficult position': Bank of Canada expected to cut rate amid trade uncertainty

  • Craig Lord The Canadian Press
  • Mar 10, 2025

OTTAWA - The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with th…

Truckers scramble for new routes as tariff uncertainty brings shipments to a halt
National News

Truckers scramble for new routes as tariff uncertainty brings shipments to a halt

  • Christopher Reynolds The Canadian Press
  • Updated Mar 6, 2025

MONTREAL - Trucking companies have begun to halt shipments, mull layoffs and scramble for new routes as tariffs — and their on-again, off-agai…

Canadian recession looms this year if U.S. tariffs stay in place: economists
National Business

Canadian recession looms this year if U.S. tariffs stay in place: economists

  • Sammy Hudes The Canadian Press
  • Updated Mar 4, 2025

TORONTO - Economists say Canada is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday remain in place.

Provinces have roughly $100B at hand for tariff relief, Desjardins estimates
National News

Provinces have roughly $100B at hand for tariff relief, Desjardins estimates

  • Craig Lord The Canadian Press
  • Feb 25, 2025

OTTAWA - Canada's provincial governments have enough fiscal firepower to respond to looming U.S. tariffs without supersizing their debt burden…

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Penticton, BC V2A1N4
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