OTTAWA — Bank of Canada governor Tiff Macklem says he doesn't think the federal budget tabled last month with have much of an effect on inflation. Macklem...
OTTAWA — Bank of Canada governor Tiff Macklem says he doesn't think the federal budget tabled last month with have much of an effect on inflation.
Finance Minister Chrystia Freeland's budget offsets new spending with higher taxes and stronger-than-expected government revenues, which has kept the deficit in check.The Bank of Canada has been encouraged by progress made on getting inflation down and has signalled that it's inching closer to cutting interest rates.
Speaker Greg Fergus kicked Conservative Leader Pierre Poilievre out of question period Tuesday after a particularly nasty exchange with Prime Minister Justin Trudeau.Poilievre's day-long removal from the House of Commons came after he called Trudeau a "wacko" for supporting B.C.'s policy of decriminalizing some hard drugs in an attempt to reduce the number of overdose-related deaths.Poilievre said it was a "wacko policy" backed by "this wacko prime minister.
Carolyn Rogers Inflation Federal Budget Bank Of Canada
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of Canada ‘committed to finishing the job’ on inflation, Macklem saysExplore stories from Atlantic Canada.
Read more »
Bank of Canada Governor Tiff Macklem says countries will cut rates at own paceBank of Canada Governor Tiff Macklem says central banks will make monetary policy decisions geared toward their own economies, which means some countries may begin cutting interest rates before others.
Read more »
Fed’s Uncertain Path Creates Bind for Bank of Canada’s MacklemThe Bank of Canada is getting closer to cutting interest rates, but there are limits to how far and how fast it can move without getting a clearer sign from the Federal Reserve.
Read more »
Here's a list of March inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.9 per cent in March, Statistics Canada says.
Read more »
Canada federal budget does not change fiscal track much, says Bank of CanadaExplore stories from Atlantic Canada.
Read more »
Macklem says interest rate cut in June possible after holding policy rate once againOTTAWA — Bank of Canada governor Tiff Macklem says the central bank could begin lowering its key interest rate at its next decision in June after deciding to hold it steady for now.
Read more »