Household debt outpaced income so far this year
Statistics Canada says the amount Canadian households owe outpaced income for the sixth straight quarter.
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Scotiabank makes offer to take full ownership of Jamaican subsidiary
Scotiabank is proposing to buy the minority stake in Scotia Group Jamaica Ltd. that it does not already own in an offer of about $500 million in cash.
Cost of divorce keeping Canadians in unhappy marriages longer, survey finds
For some Canadians, the decision to end a marriage isn’t being driven solely by the state of the relationship - it’s also being shaped by the state of their finances.
The Daily Chase: Trump not looking to renew trade deal
Here are five things you need to know this morning.
Citing fallout from Iran war, World Bank cuts forecast for global economic growth
The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday.
Why the G7 is worried about global economic imbalances
France is using its G7 presidency to spotlight mounting global economic imbalances, as China’s surging exports, chronic U.S. deficits and Europe’s weak investment risk exacerbating trade tensions and exposing the world economy to financial shocks.
Bank of Canada holds key rate steady in fifth consecutive decision
The Bank of Canada held its benchmark interest rate steady for a fifth consecutive decision on Wednesday as it tries to support a turbulent economy without letting prices rise unchecked.
Oil prices trap BoC between inflation and growth: Economist reacts to rate hold
The Bank of Canada is locked into a “wait-and-see” holding pattern while it navigates a slowing economy and rising oil-driven inflation risks, says an economist.
Text of the Bank of Canada's latest interest rate decision
The Bank of Canada held its policy interest rate at 2.25 per cent on Wednesday. Here is the text of the central bank’s decision:
The Daily Chase: Bank of Canada expected to stay on hold
Here are five things you need to know this morning.
PM Carney calls Gordie Howe Bridge opening ‘positive news,’ White House says Trump’s position ‘has not changed’
Prime Minister Mark Carney is calling the long-awaited opening of the Gordie Howe International Bridge “positive news” after reports on Monday said the bridge would open later this week.
Merchandise trade surplus $2.7 billion in April as oil prices help boost exports
The country’s merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high, Statistics Canada said Tuesday.
How will the 2026 FIFA World Cup affect alcohol sales? Here’s what an expert says
As the 2026 FIFA men’s World Cup matches kick off amid geopolitical tensions and economic unrest, there’s yet another issue that’s come to light.
The Daily Chase: Oil falls as Trump touts peace momentum
Here are five things you need to know this morning.
Canada ‘open for business,’ Hodgson tells international energy conference
The Global Energy Show kicks off today with an address from the federal natural resources minister, followed by sessions featuring a diverse slate of political and corporate leaders from Canada and abroad.