City Ottawa Financial News
10.12 / 13:57
UPS
Bank of Canada Highlights Concerns Over Supply Chain, Inflation Risks
OTTAWA -- The Bank of Canada on Thursday signaled its growing discomfort with high inflation and the possibility that supply chain disruptions could last longer than policy makers had anticipated.
03.12 / 19:35
Fallout
Canada Delivers Stellar November Job Gain, Putting Spotlight on Central Bank
OTTAWA—Canada continued its stellar job-creation run in November with another blowout performance that included a sharp drop in the unemployment rate to near pre-pandemic levels.
24.11 / 11:37
Bank of Canada Raises Concerns Over High Household Debt
OTTAWA—Canadians’ high household debt levels are re-emerging as a concern despite the massive fiscal support offered by the federal government during the pandemic, a senior Bank of Canada official said Tuesday.
27.10 / 18:33
UPS
Provident
Bank of Canada Ends Quantitative Easing
OTTAWA -- The Bank of Canada took a major step in pulling back on the amount of stimulus it is providing to the economy on Wednesday by ending net new purchases through its quantitative easing program and moving up its forecast for when it could first raise the benchmark overnight interest rate from the current, ultralow level.
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