Sign in Subscribe

canada

Canada holds key rate steady, says will act if war inflation persists

Canada holds key rate steady, says will act if war inflation persists

Canada's central bank held its key lending rate at 2.25 percent on Wednesday, but warned it may need to act if inflation caused by the Middle East war persists. The fallout from the US‑Israeli strikes on Iran has sent energy prices soaring. The impacts in Canada,

Carney launches $18 billion Canada sovereign wealth fund

Carney launches $18 billion Canada sovereign wealth fund

Prime Minister Mark Carney on Monday announced the creation of Canada's first-ever sovereign wealth fund, beginning with a CAN$25 billion ($18.3) endowment he said will strengthen the economy amid a "crumbling" world order. The fund will include both public and private investment and

Canada not as reliant on US economy as some think: Carney

Canada not as reliant on US economy as some think: Carney

There is a "misimpression" about the extent of Canada's economic reliance on the United States, Prime Minister Mark Carney said Thursday, again pushing back on suggestions Ottawa must capitulate to Washington's trade demands. Canada and the United States are heading towards fractious negotiations on

US doesn't dictate terms of trade talks: Carney

US doesn't dictate terms of trade talks: Carney

The United States does not get to dictate the terms of upcoming trade talks, Canadian Prime Minister Mark Carney said Wednesday, following reports Washington wants an "entry fee" before agreeing to open negotiations. The United States and Canada are set to hold talks on revising a North American

Carney vows action to boost Trump-threatened economy after winning majority

Carney vows action to boost Trump-threatened economy after winning majority

Canadian Prime Minister Mark Carney promised quick action Tuesday to transform an economy under threat from US President Donald Trump, hours after his Liberal party secured a majority in parliament. The Liberals swept three by-elections held Monday, giving them full control of parliament and Canada's first majority

Carney's Liberals sweep by-elections to win Canada majority

Carney's Liberals sweep by-elections to win Canada majority

Prime Minister Mark Carney's party secured a majority in Canada's parliament on Monday after winning all three by-election seats up for grabs, boosting his Liberals as they work to bolster a country shaken by threats from the United States. Carney's Liberals won the

Carney poised to win Canada majority but affordability pressure looms

Carney poised to win Canada majority but affordability pressure looms

Canadian Prime Minister Mark Carney's Liberal Party is poised to secure a majority in parliament in by-elections Monday, but a year into his tenure, hints of vulnerability may be emerging. A string of recent polls put the Liberals more than 10 points ahead of the opposition Conservatives.