There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem
Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark.
Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark.
Here are five things you need to know this morning.
Canada recorded a goods trade deficit of $2.28 billion in March, the widest since June 2023 and missing expectations in a Bloomberg survey for a $1.21 billion surplus.
Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation.
The U.S. Drug Enforcement Administration is moving toward reclassifying marijuana as a less dangerous drug. The Justice Department proposal would recognize the medical uses of cannabis, but wouldn't legalize it for recreational use.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}