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Economy News

Bank of Canada may sound dovish in May, rate hike expected next year: Poll
The Bank of Canada is expected to strike a more dovish tone in its May policy statement, partly due to a still-raging wildfire in Alberta that has disrupted oil production, but a Reuters poll suggests it will not cut interest rates again.
Posted on 5-19-2016 at 1:07 PM
Nellie McClung top choice for first Canadian woman on face of banknote: Poll
Famous Five activist Nellie McClung is the No. 1 choice to become the first Canadian woman on the face of one of the country's banknotes, according to a recent online survey.
Posted on 5-19-2016 at 11:26 AM
Canadian dollar drops to lowest level in more than a month
The Canadian dollar added to its losses Thursday morning as investors brace for the next round of Fed liftoff.


Posted on 5-19-2016 at 11:05 AM
Fed signals interest rate hike firmly on the table for June
The Federal Reserve will likely raise interest rates in June if economic data points to stronger second-quarter growth as well as firming inflation and
Posted on 5-18-2016 at 2:19 PM
Ontario’s debt will hit $350 billion in five years, financial accountability officer warns
Ontario’s financial accountability officer says it’s possible the Liberal government can keep its promise to balance the books by 2017-18, but only if the economy grows at a stronger pace than in the past five years.
Posted on 5-18-2016 at 1:00 PM
Fort Mac before the fire: BNN’s coverage nominated for RTDNA Canada Award
BNN’s reporting on the economic downturn in Fort McMurray has been honoured with a nomination for the RTDNA Canada’s network awards, which recognizes the best in broadcast and electronic journalism.
Posted on 5-18-2016 at 11:19 AM
Behind the debt 'problem' that could become a 'big issue' for Canadians
Credit monitoring agency TransUnion says overall non-mortgage borrowing rose almost 3 per cent in the first quarter, and it’s so-called “subprime” consumers who are driving up the national average.
Posted on 5-18-2016 at 7:17 AM
Why more U.S. travellers are flocking to New Brunswick
The weak loonie has more U.S. travellers coming to Canada to shop recently, and the biggest provincial winner is one that you might not expect: New Brunswick.
Posted on 5-17-2016 at 2:29 PM

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