interest rates

Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee.

The program is designed to help Indigenous communities buy equity in natural resource and energy projects by securing them more favourable interest rates. 

The wind gusting across north German farm country brings much to the village of Sprakebuell: fog and rain from the sea, the occasional migrating stork, the faint smell of manure in the newly fertilized fields.

The parliamentary budget officer is projecting inflation will return to the Bank of Canada's two per cent target by the end of the year and the federal deficit will grow amid weakening economic conditions.

Business headlines in 2023 saw a housing crisis and the fight against inflation take centre stage while the job market proved to be stronger than expected.

Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21, 2023, a mini-budget that will serve as an update on federal finances and contain new measures that reflect the government's priorities.

Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution's independence.

Central banks have been trying their best to convince the public that their interest rate hikes are ultimately for the greater good.

A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.

A second provincial premier is making a direct appeal to the Bank of Canada to stop raising interest rates.

Chris Burke and his fiancée have been less than a year away from buying their first home for the past three years.

Conservative Leader Pierre Poilievre's attempt to block the federal government's budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation.

Finance Minister Chrystia Freeland is set to table a federal budget in the House of Commons on Tuesday afternoon, which a federal source says will include plans to go after predatory lending and more details on dental care as part of a pitch to make life more affordable.

As Ottawa marks one year since the "Freedom Convoy" arrived in the national capital, Prime Minister Justin Trudeau said he understands the anger and concerns protesters have while also promising "good, long-term jobs" as a way to relieve pressures Canadians are facing.

Climate change is the global economy's biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living crisis, the World Economic Forum says in a new report.