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News
Ontario threatened to cut off U.S. critical minerals supply. Sudbury isn’t panicking
3+ hour, 2+ min ago (1146+ words) Trains sit on the tracks as Tom Davies Square is seen behind in Sudbury, Ont., on Wednesday, Aug. 26, 2026. THE CANADIAN PRESS/Keito Newman Ontario Premier Doug Ford is pictured as he tours the Glencore Onaping Depth Project in Sudbury, Ont....
Bank of Canada set to make 6th interest rate decision of the year
4+ hour, 21+ min ago (162+ words) OTTAWA - The Bank of Canada is set to make its sixth interest rate decision of the year this morning. Most economists and financial markets favour another rate hold from the central bank today. The Bank of Canada has held its…...
Local demand surges for Canadian-made food and household goods, but retailers lag
1+ day, 4+ hour ago (221+ words) Boxes of parchment paper sit in a machine at aVenco’s packaging facility in Bowmanville, Ont, on Monday, August 31, 2026. THE CANADIAN PRESS/Arlyn McAdorey Food and household goods companies in Canada say they’re seeing a surge in demand as Canadians prioritize…...
Bank of Canada set to grapple with renewed trade war pressures in rate decision
2+ day, 4+ hour ago (16+ words) Toronto Star...
Warsh raises stakes for Fed’s next meeting and other takeaways from Jackson Hole conference
3+ day, 19+ hour ago (999+ words) In doing so, Warsh has put more pressure on the central bank to increase interest rates when it next meets in mid-September if inflation doesn’t improve. The government’s next price report, to be released just days before the meeting, could…...
Middle East conflict, oil prices push Alberta’s finances back in the black
5+ day, 19+ hour ago (245+ words) Alberta Premier Danielle Smith, right, stands with new Minister of Assisted Living and Social Services Jason Nixon, following a swearing in ceremony in Calgary, Alta., Friday, May 16, 2025.THE CANADIAN PRESS/Jeff McIntosh CALGARY - Alberta’s finances have swung back in the…...
US economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate
6+ day, 22+ hour ago (310+ words) Growth in gross domestic product — the nation’s output of a goods and services — decelerated from a 2.1% pace from January through March, the Commerce Department reported Wednesday. The second-quarter growth number was unchanged from the department’s first estimate. Still, consumer spending…...
Key inflation gauge remains elevated during Iran war and ongoing US trade fights
1+ week, 7+ min ago (224+ words) The Commerce Department’s Wednesday report showed that prices rose 3.7% in July compared with a year earlier. Inflation has worsened since the Iran war began in late February, when it stood at 2.9%. It’s noticeably above the Fed’s target of 2%. Stubbornly high…...
US consumer confidence falls to lowest level in 7 months with gas stuck above $4
1+ week, 22+ hour ago (333+ words) The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months but was essentially within the same lukewarm range it has been in since the beginning…...
Here’s why the Bank of Canada is worried about the rise of private credit
1+ week, 3+ day ago (1111+ words) A man checks his phone as he walks past the Bank of Canada building in Ottawa, Wednesday, July 15, 2026. OTTAWA - The Bank of Canada is carefully watching the rise of an alternative credit model that has Canadian investors and banks exposed…...