Tag Archives: Bank of Canada
Inflation rises to 1.9% in June as vehicle price hikes accelerate
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships, Statistics Canada said Tuesday. The June price hike is up from 1.7 per cent in May an...
Jul 15, 2025 Statistics Canada released June inflation figures on Tuesday. A person pumps fuel in Toronto, on Wednesday, September 12, 2012. THE CANADIAN PRESS/Michelle Siu
Ventum Financial's Adam Pukalo not surprised by Bank of Canada interest rate reduction
The Bank of Canada reducing its interest rate to 2.75 per cent was what many expected, including Ventum Financial's Commodities Futures Advisor Adam Pukalo. It's the seventh consecutive cut to the int...
Mar 12, 2025
Mark Carney takes Liberal party leadership in landslide 1st ballot win
Federal Liberals elected Mark Carney to lead their party into the next election in a resounding first-ballot victory on Sunday. He beat former finance minister Chrystia Freeland, Liberal MP Karina Gou...
Mar 09, 2025
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth c...
Dec 11, 2024
Interest Rate Decrease shows Bank of Canada is focused on a soft landing for the economy: Adam Pukalo
A Future Commodity Advisor with Ventum Financial says the Bank of Canada's decision to drop its benchmark interest rate shows the Central Bank maybe convinced that price pressures are under control, a...
Jul 24, 2024
Bank of Canada's next move less certain after inflation rate ticks higher in May
Quick Notes: National Consumer Price Index (CPI) 2.9% (May) 2.7% (April) Saskatchewan: 1.5% (May) 1.0% (April) Regina: 1.5% (May) 1.2% (April) Saskatoon: 1.5% (May) 1.4% (April) Statistics Canada publ...
Jun 25, 2024
CMHC says annual pace of housing starts in May up 10% from April
Canada Mortgage and Housing Corp. says the annual pace of housing starts in May climbed 10 per cent compared with April, helped by gains in Montreal and Toronto. The housing agency says the seasonally...
Jun 17, 2024
February inflation rate slows to 2.8% as price growth unexpectedly eases
Canada's annual inflation rate unexpectedly fell to 2.8 per cent last month, amid sharp declines in cellular and internet services as well as slower grocery price growth. Statistics Canada r...
Mar 19, 2024
Bank of Canada holds key rate steady at five per cent, says too early to cut
The Bank of Canada is holding its key interest rate steady at five per cent today, arguing it is still too soon to start lowering rates. The central bank says inflation has continued to ease and the e...
Mar 06, 2024
Canada's annual inflation rate climbs to 3.4% in Dec
Canada's annual inflation rate rose 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month. Canada's annual inflation rate rose 3...
Jan 16, 2024