Policy

Canadian CEOs embracing AI amid economic pessimism

Chief executives realistic about AI risks and the need to retrain workers, PwC survey finds

By Jonathan Got |January 30, 2024

2 min read

Policy

Inflation has slowed. Now the Fed faces expectations for rate cuts

Most economists expect the first rate cut to occur in May or June

By Christopher Rugaber, The Associated Press |January 29, 2024

5 min read

Policy

Cap on student visas should mitigate soaring rents, Macklem says

But economists express skepticism as average rent for December jumped to a record high

By Nojoud Al Mallees, The Canadian Press |January 26, 2024

5 min read

Policy

China doubles down on moves to mend its economy

What’s at stake: stable financial markets and a major driver of global economic growth

By Elaine Kurtenbach |January 26, 2024

4 min read

Policy

Not so fast on interest rate cuts, says European Central Bank

The bank left its benchmark rate unchanged at a record-high 4%

By David Mchugh, The Associated Press |January 25, 2024

4 min read

Policy

China cuts required bank reserves

Move appears to be part of a concerted effort to stabilize the markets

By Elaine Kurtenbach |January 24, 2024

4 min read

Policy

Bank of Canada holds key interest rate at 5%

The central bank is still open to more rate hikes if inflation doesn’t co-operate

By Nojoud Al Mallees, The Canadian Press |January 24, 2024

3 min read

Policy

All eyes on the BoC this week for any hints on when it plans to cut interest rates

The bank will also publish its quarterly monetary policy report on Wednesday, with new forecasts for the economy and inflation

By Nojoud Al Mallees, The Canadian Press |January 22, 2024

3 min read

Policy

Nearly all major central banks to cut rates in 2024: Fitch

However, the rating agency expects a slower pace for those cuts than financial markets are predicting

By Melissa Shin |January 19, 2024

1 min read

Policy

Deadline to receive partial CEBA loan forgiveness looms for Canadian businesses

Almost 900,000 businesses received an interest-free CEBA loan during the pandemic, securing up to $60,000

By Rosa Saba, The Canadian Press |January 17, 2024

2 min read

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