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Tiff Macklem

BoC can't lower rates too much without risking adding fuel to the inflation fire, governor says

Trump has threatened blanket 25% tariffs on Canadian goods, with the exception of 10% tariffs on energy

home sale

Sales were down 3.3% from December

Businessman holding tablet with graphs

Restaurants Canada is calling for the relief to be extended or made permanent

Bank of Canada note

A stronger housing market also possible, according to Market Participants Survey

  • By: Kevin Press
  • February 11, 2025 February 11, 2025
  • 17:22
Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

Respondents said they worked multiple jobs due to fewer full-time job opportunities, to cover expenses

Hand holding a light bulb

Plus, more CDRs from CIBC; multiple firms announce fund launches or changes

Illustration of a man standing at a crossroads

Opinion: Failure to adapt risks leaving the nation behind

Trudeau, in opening remarks at the event, reiterated the need for a 'Team Canada' approach

Tiff Macklem

The BoC governor says central banks can't address weaker output and higher inflation at the same time