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TIFF MACKLEM
Bank of Canada cuts rates to 2.5%, says ready to cut again if risks riseThe Bank of Canada has lowered its key interest rate to 2.5%, a three-year low, citing a weak job market and reduced inflation concerns. Th...17 Sep, 2025, 09.42 PM IST- Bank of Canada cuts interest rate to 2.5% as GDP shrinks, job market softensBank of Canada has reduced its key interest rate to 2.5% amidst growing economic concerns. Governor Tiff Macklem cited job losses, a GDP dr...17 Sep, 2025, 08.28 PM IST
- Bank of Canada: AI could boost inflationary pressures in short-term"In the short run, AI could boost demand more than it adds to supply through faster productivity growth," Macklem said in Toronto at an AI ...21 Sep, 2024, 06.52 PM IST
- Trudeau pledged to slow immigration. The Bank of Canada has doubtsThe Bank of Canada adjusted its population growth forecasts, predicting a slower decrease in the influx of temporary residents. Government ...26 Jul, 2024, 11.27 AM IST
- Temporary residents, new immigrants push up Canada unemploymentRecord numbers of newcomers in Canada are struggling to find work, driving up the unemployment rate. Temporary residents and recent immigra...07 Jul, 2024, 09.15 AM IST
- Finding jobs in Canada getting harder. Youth unemployment rate rises to multi-year highsCanada's economy saw a surprising loss of 1,400 jobs in June, causing the unemployment rate to rise to 6.4%, the highest in 29 months. Anal...07 Jul, 2024, 09.07 AM IST
- US Fed's 'dot plot' could offer glimpse of rate-cut resolveSince raising their benchmark federal funds rate more than five percentage points starting in March 2022, the Federal Open Market Committee...10 Jun, 2024, 12.01 AM IST
- Canada can’t afford to block temporary residentsRecord numbers of newcomers have pushed Canada’s population growth rate to 3.2%, one of the fastest in the world. The surge has boosted the...11 Jan, 2024, 10.35 PM IST
- Bank of Canada holds rates, still fretting about inflation outlookThe central bank raised rates by a quarter point in both June and July to a 22-year-high and has left them on hold in the three policy-sett...06 Dec, 2023, 09.19 PM IST
- Canada sees longest streak of job gains in six yearsCanada jobs market: Among the regions, employment rose in Ontario (+33,000) and Prince Edward Island (+2,200) in April, while it declined i...05 May, 2023, 11.09 PM IST
- Canada adds 150,000 jobs as PM Trudeau widens gates for new immigrantsIf anything, the demand for workers appears to be accelerating, buoyed by Prime Minister Justin Trudeau’s policy of opening the gates wider...11 Feb, 2023, 02.49 PM IST
- Job vacancies fall 3.3% in Canada, first quarterly decline since pandemicOpenings fell 3.3% on a seasonally adjusted basis to 959,615 in the third quarter, Statistics Canada reported Monday. That’s probably the f...23 Dec, 2022, 11.28 AM IST
- Bank of Canada surprises with largest rate hike in 24 yearsThe Bank of Canada said inflation has been "higher and more persistent" than expected, and price increases are broadening amid a robust eco...13 Jul, 2022, 11.24 PM IST
- Canada's annual inflation rate jumps to fresh 30-year high in JanuaryThe figure is the highest since 5.5% recorded in September 1991 and the 10th consecutive month above the Bank of Canada's 1-3% control rang...16 Feb, 2022, 11.23 PM IST
- Gold holds above $1,800 on weaker yields as job data disappointsGold prices were little changed above the key $1,800 per ounce level on Thursday, as U.S. Treasury yields retreated after a dip in U.S. job...03 Feb, 2022, 07.46 AM IST
- FSB appoints new chairs of its Standing CommitteesFSB has appointed new chairpersons, including Ravi Menon, for its three standing committees effective from March 31.21 Mar, 2013, 12.38 PM IST
- No double-dip recession, US to see modest growth: MacklemRecoveries after financial crisis do take longer, and the de-leveraging that needs to take place in banks and in household and government b...23 Aug, 2011, 12.37 PM IST
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