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Productivity growth is key to breaking the momentum By Ted Carmichael THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria...

'Risk of a recession is clearly lower than we thought at the start of this year' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: B...

The Bank of Canada did exercise patience, but not enough The Bank of Canada pulled an RBA and hiked rates on June 7 with the market mostly (call it 60-40) priced for no move and more than 80 per cent of Bay Street economists believing the centr...

A drop in tech shares drove U.S. stocks lower, while Treasuries retreated after a surprise Bank of Canada rate increase fueled bets the Federal Reserve is not done with its own tightening. The Nasdaq 100 fell 1.8 per cent, with the likes of Alphabet Inc. a...

Canada's main stock index moved lower Wednesday as the market digested an interest rate hike by the Bank of Canada, while U.S. markets were mixed.  The S&P/TSX Composite Index was down 71.91 points, or 0.36 per cent, at 19,983.69. In New York, the Dow J...

Speaking a day after we raised interest rates, Deputy Governor Paul Beaudry talks about what Governing Council considered in its decision. He also suggests reasons w...

Chrystia Freeland tries to reassure 'anxious' Canadians, while Pierre Poilievre goes on the attack Finance Minister Chrystia Freeland tried to reassure Canadians that the economy is still headed for calmer times after the Bank of Canada unexpec...

The rise brings the policy rate to the highest it’s been since April 2001 Get the latest from Stephanie Hughes straight to your inbox Sign Up The Bank of Canada surprised markets by ending its pause and hiking its key interest rate a...

Higher rates could put downward pressure on prices and send some would-be buyers back to the sidelines, experts say Just as Canada’s housing market was starting to rebound, the Bank of Canada has dealt it another blow. THIS CONTENT IS R...

Big banks follow suit after surprise quarter-point hike Canadian banks announced they were raising their prime lending rates after the Bank of Canada surprised markets by hiking it benchmark interest rate on June 7. THIS CONTENT IS RESE...