Tag: #canada

Macklem says Bank of Canada could raise or cut rates if U.S. trade curbs or oil-driven inflation shift outlook

Bank of Canada Gov. Tiff Macklem warned rates could rise or fall: cuts if U.S. trade curbs dent growth, hikes if sustained oil-driven inflation spreads. Rate held at 2.25%.

#canada, #bankofcanada, #inflation, #interestrates

Bank of Canada study: Canadian ports' global connectivity fell sharply from 2016 to 2023

Bank of Canada staff research finds a 28% drop in deadweight tonnage through Canadian ports and a marked fall in maritime network connectivity from 2016–2023.

#canada, #shipping, #trade, #bankofcanada, #ports

Canada Announces C$25 Billion "Canada Strong Fund" as First Federal Sovereign Wealth Vehicle

Prime Minister Mark Carney unveils the Canada Strong Fund, a C$25 billion federal investment vehicle to back energy, minerals, agriculture and infrastructure.

#canada, #sovereignwealth, #investment

Canada inflation accelerates to 2.4% in March as gasoline surge lifts headline rate

Canada’s annual inflation rose to 2.4% in March as a record monthly gasoline price jump pushed up energy costs, while core measures stayed near 2%.

#canada, #inflation, #bankofcanada, #gasoline

Liberal By‑Election Sweep Gives Mark Carney a Majority Without a General Vote

Liberal wins in three federal by‑elections push Mark Carney’s party past the 172-seat threshold, creating a majority government between elections.

#canada, #politics, #by-elections, #markcarney

Ottawa commits C$900 million to NRC to fast-track drones, quantum and other defence tech

Canada will route more than C$900 million through the National Research Council to speed drones, quantum, biomedical and dual-use tech under Carney’s new strategy.

#canada, #defence, #nrc, #drones, #quantum