Latest News

• • Canada

  

  8:59

  John Manley: Government should give Bank of Canada leeway to fight inflation

  Policymakers have “no good choices” when trying to balance the fight against inflation and minimizing economic impacts on residents, but a former federal finance minister and deputy prime minister said the government should take a hands-off approach and not enact policies that interfere with the Bank of Canada’s aggressive approach.

• • Canada

  

  5:01

  Pressure building on suppliers to reduce emissions: BMO Climate Institute

  Small and medium-sized businesses should start thinking about building climate plans into their operations to stay competitive, said the head of the BMO Climate Institute.

• • Canada

  

  6:43

  Renting increased by three times the rate of home ownership in last decade: RBC

  Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past decade.

• • Real Estate

  • Canada

  

  7:33

  Mortgage machine slows in Canada as rate hikes hit banks' growth

  Canada’s biggest banks saw the slowest growth in their domestic mortgage books in more than two years as interest-rate hikes cooled the country’s housing market.

• • Politics

  • Canada

  

  6:50

  Trudeau's COVID-19 spending programs wasted billions, audit finds

  Prime Minister Justin Trudeau’s government may have overpaid as much as $32 billion (US$23.5 billion) in COVID-19 benefits during the pandemic largely due to a lack of post-payment verification, the federal auditor general said.