Canada's top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple effects on households and businesses.
The Bank of Canada will keep its key interest rate at 0.25 per cent until the national economic picture improves, which governor Tiff Macklem said on Wednesday, July 15, 2020, will take "a long time."
A Liberal pledge to provide eight extra weeks of payments through the cornerstone benefit for people who've lost all or nearly all their work due to the COVID-19 pandemic is likely to cost the government $17.9 billion, the parliamentary budget officer says.