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economy

A cyclist rides past the Bank of Canada in Ottawa, Wednesday, Sept. 17, 2025.

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Complacency, competition, and Canada’s productivity crisis

Bank of Canada’s Carolyn Rogers says Canada’s reliance on U.S. trade and lack of competition have weakened productivity—and it’s...

Complacency, competition, and Canada’s productivity crisis
Prime Minister Mark Carney greets workers at Walters Group Steel fabrication plant in Hamilton, Ont., Wednesday, July 16, 2025.

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BMO report: U.S. tariffs could slow growth or trigger recession in Canada

A BMO report examines the potential economic fallout from U.S. tariffs, including slower growth and sector-specific impacts across Canada.

BMO report: U.S. tariffs could slow growth or trigger recession in Canada
A sign advising shoppers of tariffs impacts is seen in a grocery store in Ottawa on Wednesday, April 2, 2025.

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Tariffs, government spending, gas prices—what’s driving inflation right now?

Explore the factors behind Canada’s inflation and what economists and the Bank of Canada are monitoring.

Tariffs, government spending, gas prices—what’s driving inflation right now?
A man pumps gas into a sedan

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Inflation fell to 1.7% in July

Economists found encouraging signs in the latest inflation numbers, but are they enough for the Bank of Canada to...

Inflation fell to 1.7% in July

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A young man and woman add up several receipts

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The wealth gap in Canada is wider than ever

The wealth gap in Canada has reached a new record high. Here’s why—and what Canadians can do to shore...

The wealth gap in Canada is wider than ever
Statistics Canada released June inflation figures on Tuesday. A person pumps fuel in Toronto, on Wednesday, September 12, 2012.

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Inflation climbs to 1.9% in June, led by surging vehicle costs

Inflation hit 1.9% in June as car prices rose. Strong job gains and steady core inflation suggest the Bank...

Inflation climbs to 1.9% in June, led by surging vehicle costs
Construction workers work at the site of a condo tower under construction, in Delta, B.C., on Wednesday, July 2, 2025.

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Canadians will see wages pick up as immigration slows, Conference Board argues

The Conference Board of Canada expects wage hikes will pick up speed in the coming years as the pace...

Canadians will see wages pick up as immigration slows, Conference Board argues
A rental sign is seen outside a building in Ottawa, Thursday, April 30, 2020.

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Inflation holds steady at 1.7% in May

The latest Statistics Canada figures are a step in the right direction, but the odds of an interest rate...

Inflation holds steady at 1.7% in May

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Is Canada in a recession?

If you’re worried about a recession in Canada, you’re not alone. Here’s what to expect and how you can...

Is Canada in a recession?

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