Canada’s finance minister said the country’s planned sovereign wealth fund will be designed to allow citizens to contribute to major nation-building projects, but isn’t intended to reduce their tax burdens.
Canada’s finance minister said the country’s planned sovereign wealth fund will be designed to allow citizens to contribute to major nation-building projects, but isn’t intended to reduce their tax burdens.
Canada's Minister of Finance François-Philippe Champagne attends a meeting of G7 Finance Ministers and Central Bank Governors in Paris on May 19, 2026.
Canada’s finance minister said the country’s planned sovereign wealth fund will be designed to allow citizens to contribute to major nation-building projects, but isn’t intended to reduce their tax burdens.
Canada’s finance minister said the country’s planned sovereign wealth fund will be designed to allow citizens to contribute to major nation-building projects, but isn’t intended to reduce their tax burdens.
Canada's Minister of Finance François-Philippe Champagne attends a meeting of G7 Finance Ministers and Central Bank Governors in Paris on May 19, 2026.
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses.
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses.
Bank of Canada officials discussed a “range of views” on the most likely path for interest rates last month, weighing various possible outcomes of the Iran war and a review of the North American trade agreement.
Bank of Canada officials discussed a “range of views” on the most likely path for interest rates last month, weighing various possible outcomes of the Iran war and a review of the North American trade agreement.
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses.
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses.
The Bank of Canada is weighing whether to spell out how it responds to supply shocks in its monetary policy framework, including how much emphasis it places on the strength of the economy when tackling inflation.
The Bank of Canada is weighing whether to spell out how it responds to supply shocks in its monetary policy framework, including how much emphasis it places on the strength of the economy when tackling inflation.
The Bank of Canada building in Ottawa, Ontario, Canada.
Canadian government bonds were hammered after the Bank of Canada’s top official raised the prospect of back-to-back rate hikes if energy prices cause broader inflation — just as oil was spiking.
Canadian government bonds were hammered after the Bank of Canada’s top official raised the prospect of back-to-back rate hikes if energy prices cause broader inflation — just as oil was spiking.
The Bank of Canada held interest rates steady, saying adjustments to borrowing costs would be likely be small if the economy and inflation evolve as expected.
The Bank of Canada held interest rates steady, saying adjustments to borrowing costs would be likely be small if the economy and inflation evolve as expected.
The Bank of Canada in Ottawa. Photographer: Kamara Morozuk/Bloomberg
Prime Minister Mark Carney chose to spend a revenue windfall on measures to support building projects to boost exports, leaving Canada’s fiscal trajectory little changed.
Prime Minister Mark Carney chose to spend a revenue windfall on measures to support building projects to boost exports, leaving Canada’s fiscal trajectory little changed.
Homes under construction in Langford, British Columbia.
The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.
The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.
The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.
The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.
Canada will create its first sovereign wealth fund to provide financing for large infrastructure projects and domestic companies, Prime Minister Mark Carney said, pledging to offer Canadian investors the opportunity to buy in.
Canada will create its first sovereign wealth fund to provide financing for large infrastructure projects and domestic companies, Prime Minister Mark Carney said, pledging to offer Canadian investors the opportunity to buy in.
Mark Carney Photographer: Kamara Morozuk/Bloomberg
Annette Ryan will become Canada’s fourth parliamentary budget officer, an independent watchdog of government finances, after parliament approved her appointment on Tuesday.
Annette Ryan will become Canada’s fourth parliamentary budget officer, an independent watchdog of government finances, after parliament approved her appointment on Tuesday.
Parliament Hill from the Bank of Canada plaza in Ottawa.
The war in Iran is pushing up inflation expectations, after sentiment had been improving prior to the conflict, survey data released Monday by the Bank of Canada shows.
The war in Iran is pushing up inflation expectations, after sentiment had been improving prior to the conflict, survey data released Monday by the Bank of Canada shows.
Shoppers at an outlet mall in Richmond, British Columbia.
Bank of Canada Governor Tiff Macklem said central banks around the world are positioned differently when it comes to economic slack and inflation, and their responses to the oil price shock are likely to vary.
Bank of Canada Governor Tiff Macklem said central banks around the world are positioned differently when it comes to economic slack and inflation, and their responses to the oil price shock are likely to vary.
Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa, Ontario, Canada, on Wednesday, March 18, 2026. The Bank of Canada held interest rates steady, saying it would "look through" the Middle East war's immediate inflation impact as it kept focus on downside growth risks. Photographer: David Kawai/Bloomberg
The International Monetary Fund lauded Canada’s fiscal position relative to its peers as Prime Minister Mark Carney prepares to give an update on his government’s finances.
The International Monetary Fund lauded Canada’s fiscal position relative to its peers as Prime Minister Mark Carney prepares to give an update on his government’s finances.
Mark Carney, right, and Francois-Philippe Champagne before releasing the federal budget in Ottawa on Nov. 4.
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