The Bank of Canada lost $522 million in the third quarter of this year, marking the first loss in its 87-year history. 

The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of Canada governor Stephen Poloz on Thursday, November 24, 2022, in a speech about ways Canada can chart a path toward economic growth during uncertain times. 

Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem. 

As another interest rate hike looms, Finance Minister Chrystia Freeland is emphasizing the Bank of Canada's independence after criticism from federal NDP Leader Jagmeet Singh.

With employment insurance premiums set to rise in the new year, both employers and workers are calling on the federal government to step in and rescue the program from the considerable amount of debt it has fallen into since the COVID-19 pandemic.

In his latest economic and fiscal outlook, budget watchdog Yves Giroux says he expects the Bank of Canada to raise its key interest rate to four per cent by the end of the year, a move which is in line with financial markets' expectations. 

When Zeel Shah’s partner left Toronto for a job in Edmonton in 2018, the young couple had to decide which city offered the future they wanted for themselves.

A new report from Canadians for Tax Fairness says top companies paid $30 billion less in taxes last year than would be expected under existing corporate tax rates.

Legislation to temporarily double GST rebates to help low- and modest-income Canadians cope with high inflation is expected to pass the House of Commons later this week.

Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal government document.