Economic Indicators

Bank of Canada raises key interest rate amid stubbornly high inflation

Economic Indicators

Bank of Canada raises key interest rate amid stubbornly high inflation

Key interest rate now sits at 4.75%, highest it's been since 2001

By The Canadian Press |June 7, 2023

3 min read

Statistics Canada reports merchandise trade surplus rose to $1.9B in April

Economic Indicators

Statistics Canada reports merchandise trade surplus rose to $1.9B in April

Exports for April rose 2.5% led by energy and mineral products

By The Canadian Press |June 7, 2023

1 min read

Credit card balances increase in first quarter as mortgage market slows

Economic Indicators

Credit card balances increase in first quarter as mortgage market slows

Higher cost of living contributed to greater credit demand, Equifax says

By The Canadian Press |June 6, 2023

2 min read

Decorative pattern

Economic Indicators

World Bank offers dim economic outlook in face of higher interest rates

The agency forecasts global growth of 2.1% this year, down from 3.1% in 2022

By Paul Wiseman, The Associated Press |June 6, 2023

2 min read