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Economy News

Kids living in in parents' basements should take unpaid work: Poloz
How bad are things in Canada’s job market? Bank of Canada Governor Stephen Poloz says bad enough for young people to consider working for free.
Posted on 11-04-2014 at 12:14 PM
Bank of Canada’s Poloz defends use of low interest rates
Bank of Canada Governor Stephen Poloz defended the prolonged use of low post-financial-crisis interest rates, reminding them that the alternative would have been much worse.
Posted on 11-03-2014 at 1:23 PM
Canada’s economy shrinks in August
Canada’s gross domestic product unexpectedly fell 0.1 percent in August from July, as the Canadian economy appears to have followed up its strong first half of the year with a summer stall-out.
Posted on 10-31-2014 at 9:31 AM
Poloz says Canada’s economic growth at risk if low oil price persists
Bank of Canada Governor Stephen Poloz says the sudden plunge in the price of crude will knock roughly a quarter percentage-point off economic growth next year.
Posted on 10-30-2014 at 7:26 AM

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