Benjamin Reitzes

Canada’s central bank will aim to keep the annual pace of price gains at its historic target rate, but will now more formally take into account the health of the job market as part of its inflation-targeting regime.

Finance Minister Chrystia Freeland plans to release an updated accounting of federal finances today and provide the government's economic outlook for the coming months.

The bigger than expected trade deficit came as exports of crude oil and bitumen grew despite the wildfires in Fort McMurray, Alta., that forced several oilsands operations to shut down production.