Little fear of rate hikes despite expected economic surge: Bank of Canada
What a difference a day makes in the outlook for the Canadian economy.Earlier this week, some economists were predicting that the Bank of Canada's Tiff Macklem would…
The trillion-dollar question is how federal spending will position the economy for post-pandemic success
This column is an opinion by Robert Asselin, senior vice-president of policy at the Business Council of Canada, where he leads the development of strategies that contribute…
COVID-19 has made reading next year’s real estate market harder than ever
Canadians are about to get an update on the state of the housing market and the latest resurgence of COVID-19 has only added another layer of confusion…
Mortgage rates hit a new low, with Canadian bank posting below 1%
HSBC has come out with a variable rate mortgage at 0.99 per cent, which industry watchers believe is the first such posted offer below 1 per cent…
Canada’s economy bounced back at record 40% pace in third quarter — but GDP still below pre-COVID level
Statistics Canada said Tuesday the economy grew at a record annualized pace of 40.5 per cent in the third quarter as businesses came out of COVID-19 lockdowns.…
A surge in bitcoin in the COVID-19 era outshines gold, but can it last?
A return of bitcoin to its stratospheric highs has top financial experts scratching their heads and cryptocurrency boosters saying I told you so.But while supporters insist that…
Saskatchewan staved off bankruptcy in the ’90s. Is there hope for N.L., too?
Roy Romanow says he still loses sleep over decisions he made 27 years ago.The former NDP premier of Saskatchewan came to power amid a major debt crisis…
How long can interest rates stay low once a vaccine arrives?
Jubilation over the good news about a vaccine has taken markets by storm.Shortly after the news broke on Monday that the U.S. drugmaker Pfizer had a COVID-19…
Keep calm and borrow on: Chrystia Freeland and the new logic of deficits in a pandemic
During her remarks on how the pandemic is shifting Liberal fiscal policy Wednesday, Finance Minister Chrystia Freeland acknowledged that her words might sound scary to some Canadians…
Watching Friday’s jobs data for the dreaded K-shaped recovery
"We're all in this together" has a friendly reassuring tone. Used by Prime Minister Justin Trudeau, Ontario Premier Doug Ford and many others, it reminds Canadians that…
Why stock markets are up 44% amid the worst economic contraction in history
The economy is in a ditch, and millions of Canadian workers still find themselves unemployed or underemployed compared with where things were before COVID-19. And still the…