interest rates

High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can still handle the rising interest rates needed to tame inflation, Bank of Canada governor Tiff Macklem said on Thursday, June 9, 2022.

The Bank of Canada will outline what it sees as the key vulnerabilities and risks to Canada's financial system later this morning.

Measures in the recently tabled federal budget will help Canadians weather higher interest rates, Prime Minister Justin Trudeau said on Wednesday, April 13, 2022, as he acknowledged there are no easy solutions to the country's housing affordability crisis.

The annual Leger survey of economic confidence found that nearly two in every five respondents rated the economy as being good or very good, which was up from the same survey last February.

Representatives from Canada's oilpatch said on Thursday, May 28, 1010, they don't know of a single energy company that has yet benefited from any of Ottawa's pandemic-inspired loan programs and many think the cost to access them is too high.

COVID-19 will have a more profound impact on the world than the Sept. 11 terrorist attacks on the United States nearly two decades ago, says the chief executive of the Canadian Imperial Bank of Commerce.

Prime Minister Justin Trudeau is raising anew his government's promise to help hard-hit Canadians more easily access credit by leaning on the nation's banks to do more than reduce credit-card costs.

Devastated bars and lounges as well as the country's hard-hit cannabis sector will have access to $40 billion in new credit being made available via the government's business bank during the COVID-19 crisis, its CEO said on Sunday, April 5, 2020.

The political war-of-words around the national economy took another turn on Sunday's, December 22, 2019, political talk shows as the federal finance minister warned Conservatives to cease claims of a looming recession.

The Trudeau government is looking for ways to make home-buying more affordable for millennials, Finance Minister Bill Morneau said on Tuesday, January 22, 2019, as he held pre-budget public events in the Toronto suburbs.

Well before Statistics Canada set out to scoop up private banking information from 500,000 Canadians, it had already collected reams of corporate and individual tax forms and health records — part of its growing reliance on "administrative data" sources instead of traditional surveys.

Introducing auto tariffs into the Canada-U.S. trading system would put the Bank of Canada "between a rock and a hard place" when it comes to adjusting interest rates, bank governor Stephen Poloz told a business audience in Moncton, N.B., on Thursday, September 27, 2018.