Bank of Canada holds interest rate at 5%

[ad_1] Article content The Bank of Canada held its key interest rate at five per cent on Oct. 25. Additional interest rate hikes remain on the table, policymakers said in the bank’s official statement. Article content “Governing Council is concerned that progress

Recession delayed, but it has not been derailed

[ad_1] Breadcrumb Trail Links Economy This downturn will come in the next few quarters, not the next few years Published Oct 23, 2023  •  Last updated 16 minutes ago  •  5 minute read The recession will come in the next few quarters, not

St. Lawrence Seaway strike will hurt business, Ottawa warned

[ad_1] Breadcrumb Trail Links News Economy Seaway responsible for $34 million in economic activity daily, so any stoppage will hurt the economy, say business leaders Author of the article: The Canadian Press Sidhartha Banerjee Published Oct 23, 2023  •  Last updated 5 hours