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Bank of Canada holds rates at 2.25% as Iran war risks future hikesGovernor Tiff Macklem at the Bank of Canada warned that interest rates may need to rise if the war in Iran leads to persistent inflation in Canada.EconomyJul 15
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Bank of Canada security workers on strike after negotiations failedSecurity officers at the Bank of Canada began a job action today after talks failed to secure a new collective agreement between the central bank and the union.CanadaJun 23
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Canada’s economy is weak, but ‘not clearly in recession,’ Macklem saysGovernor Tiff Macklem at the Bank of Canada said Wednesday that the economy is weak, but "not clearly in recession" after the central bank left interest rates unchanged.EconomyJun 10
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As consumers struggle, should the Bank of Canada hike, hold or cut rates?Several economists believe the Bank of Canada is more likely to raise borrowing rates in the coming months than provide a cut.EconomyJun 8
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Are we in a recession? ‘Be careful’ with indicators, says Bank of CanadaEven though the most recent GDP reports flirt with a technical recession, the Bank of Canada and several economists aren't ready to declare one formally just yet.EconomyJun 1
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Bank of Canada says households struggling, economy vulnerable to shocksThe global economy is 'volatile' and 'vulnerabilities' exist that could expose Canada to potential shocks on multiple fronts, the central bank's report says.EconomyMay 28
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Geopolitical tension now seen as top economic risk in Bank of Canada surveyGeopolitical tensions are now considered a bigger risk risk to Canada's economic productivity than trade conflict with countries like the U.S, according to the latest survey data.EconomyMay 11
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Canadian travel plans will hold steady despite higher energy costs: surveyThe Business Development Bank of Canada report found Canadians are prioritizing domestic travel this year to save money, which could inject billions of dollars into the economy.ConsumerMay 13
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Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warnsCanada’s inflation rate inched higher to 2.4 per cent in March, compared with 1.8 per cent in February, led largely by fuel costs amid the Iran war.EconomyApr 29
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Canada wants more backers for global defence bank, Anand saysThe project’s fate remains in the balance without broader support from other nations, who are being asked to provide startup capital.CanadaJul 7
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California is banning ‘sell-by’ food dates. How Canada’s packaging comparesStarting Wednesday, California Assembly Bill 660 went into effect. The law prohibits the use of 'sell-by' dates on food packets in an effort to reduce food waste.ConsumerJul 3
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Canada on ‘front lines’ of trade war as Joly unveils $1.5B tariff support planMonday’s relief package will be broken up into two parts, the first one being $1 billion in loans by the Business Development Bank of Canada.EconomyMay 4
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Fewer Canadian firms were anticipating a recession before Iran war beganThis is the lowest level since the series began in 2023, also coming at a time when 'concerns around trade tensions and tariffs were at a peak.'CanadaApr 20
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A look back at police officers killed in the line of duty in CanadaA Montreal police officer was shot dead and another was injured when they responded to a 911 call on Monday morning about a shooter at a hotel in Côte-des-Neiges.CrimeJun 23
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Ford calls poll that ranked him as Canada’s least popular premier ‘fake’The results show that, between March and June, Ford experienced a 10-point drop, leaving him with just 21 per cent approval from voters in Ontario.CanadaJun 16
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Canada’s energy supply ‘potential’ gets G7 backing in push for global pivotPrime Minister Mark Carney has been looking to stimulate Canada's economy by pitching the country as a reliable energy exporter, and took that message to the G7 Summit.CanadaJun 17
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The Canada Strong Pass is back. Here’s what it gets you on discount or freeThe Canada Strong Pass has returned ahead of the busy summer travel season, and it offers free or discounted admission and travel at various locations across Canada.ConsumerJun 19
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Canada’s social media ban for kids may narrow. Experts say that’s goodGovernment officials are aiming to use the ban as an incentive for platforms to improve their designs and better protect children long-term, if and when those kids return.TechJun 12
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Iran’s former deputy interior minister tries to stop deportation from CanadaSeyed Salman Samani is one of dozens of high-ranking Iranian officials found living in Canada.CanadaJul 16
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Data says Canada is in a technical recession. This think tank is waryDebate has raged on Parliament Hill over whether the country is in a recession since Statistics Canada reported last week that the economy shrank for two quarters in a row.EconomyJun 5