Economy

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Inflation is back at the coveted two per cent annual rate. Wage hikes have outpaced inflation for 19 months in a row. The Bank of Canada is three rate cuts into an easing cycle, with no signs of stopping anytime soon. The recent run of...

OTTAWA — Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price growth, raising the odds of larger interest rate cuts in the coming months. Canada's annual inflation rate fell...

Canadians are still feeling the pinch when it comes to shopping for certain items and living expenses, even as inflation(opens in a new tab) has cooled, according to Statistics Canada's new data released Tuesday. The Consumer Price Index(opens in a new tab) (CPI) climbed...

OTTAWA — The Liberal government will bring its proposal to increase the inclusion rate on capital gains to the House of Commons before the parliamentary summer break, Finance Minister Chrystia Freeland said Tuesday. "In the coming weeks, and certainly before...

OTTAWA — Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation. Macklem was testifying at a Senate committee alongside senior deputy governor Carolyn Rogers on...

OTTAWA — Finance Minister Chrystia Freeland intends to ask Parliament to approve proposed changes to capital gains taxation in a stand-alone bill — a move that will force the federal Conservatives to take a specific position on the measure. The...

OTTAWA — Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month. The central bank released its summary of deliberations...

By Divya Rajagopal TORONTO (Reuters) - Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's leading stock exchange operator and dealmakers told...

OTTAWA — Dennis Mathu and Stephanie Gordon first started posting financial-advice videos on YouTube three years ago — a side hustle that helped to scratch a creative itch. They never imagined it would lead them down some of the most...