Canadian Business Journal

07/13/2022

https://www.cbj.ca/bank-rate-skyrockets-by-1-to-2-5/

CBJ -- In a surprisingly aggressive move to combat inflation, the Bank of Canada has increased its overnight trendsetting rate by a full percentage point, taking it to 2.5%. The move comes as a sur...

04/13/2022

https://www.cbj.ca/bank-rate-now-at-1/

CBJ -- It's crunch time. For the first time in two decades the Bank of Canada has increased its overnight trendsetting rate by 50 basis points to an even 1%. Governor Tiff Macklem says the increase...

04/08/2022

https://www.cbj.ca/housing-costs-top-federal-budget-agenda/

CBJ – The Canadian government made has made it clear that skyrocketing home prices will be a main focal point following Thursday’s budget delivered by Finance Minister Chrystia Freeland in Ottawa. ...

03/17/2022

https://www.cbj.ca/new-investment-in-honda-plant/

CBJ -- The Honda manufacturing plant in Alliston, Ontario is receiving a major injection of funds as the plant moves towards a concentrated effort of building hybrid vehicles. Both Prime Minister J...

03/17/2022

https://www.cbj.ca/1339620/

CBJ -- Canada's inflation rate rose to a 31-year-high in February to a staggering 5.7%. The Bank of Canada says the ideal inflation rate hovers in and around 2%. Everything is more expensive, from...

02/09/2022

February issue of CBJ. Click link to enter.

01/30/2022

https://www.cbj.ca/u-s-economic-expansion/

CBJ -- In spite of a devastating and ongoing worldwide pandemic, the American economy grew last year at its fastest pace since Ronald Reagan's presidency in the 1980s. The gross domestic product — ...

01/30/2022

https://www.cbj.ca/inflation-hit-4-1-in-august/

CBJ –Despite a ballooning 4.8% inflation rate -- and no signs of it abating anytime soon -- the Bank of Canada recently opted to leave its overnight, trendsetting interest rate at 0.25%. However, t...

09/21/2021

Liberal leader Justin Trudeau and his party will form Canada's next federal government. Once again, it's a minority government.

Trudeau retains the role as Prime Minister, a position he's held since 2015.

09/16/2021

https://www.cbj.ca/inflation-hit-4-1-in-august/

CBJ – Ideally, the Bank of Canada would like to see the nation’s monthly inflation rate somewhere around the 2% level. In August, it was more than double that 2% targeted figure compared with 2020’...