The Bank of Canada is being urged to reassert headline inflation as the centerpiece of its policy communications as it prepares to renew its monetary policy framework with the federal government.
The Bank of Canada is being urged to reassert headline inflation as the centerpiece of its policy communications as it prepares to renew its monetary policy framework with the federal government.
The Bank of Canada building in Ottawa, Ontario, Canada, on Wednesday, April 29, 2026. 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.
Bank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and labor market slack.
Bank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and labor market slack.
A pedestrian walks past the Bank of Canada building in Ottawa.
Bank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and labor market slack.
Bank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and labor market slack.
A pedestrian walks past the Bank of Canada building in Ottawa.
Canada will make a C$715 million ($504 million) loan guarantee to a group of seven First Nations so they can buy a stake in a large nuclear project east of Toronto.
Canada will make a C$715 million ($504 million) loan guarantee to a group of seven First Nations so they can buy a stake in a large nuclear project east of Toronto.
An aerial view of OPG's Darlington New Nuclear Project site.
Canada will make a C$715 million ($504 million) loan guarantee to a group of seven First Nations so they can buy a stake in a large nuclear project east of Toronto.
Canada will make a C$715 million ($504 million) loan guarantee to a group of seven First Nations so they can buy a stake in a large nuclear project east of Toronto.
An aerial view of OPG's Darlington New Nuclear Project site.
Spiking gasoline prices pushed Canadian inflation to the highest in over two years, while the breadth of price pressures narrowed and core measures were little changed.
Spiking gasoline prices pushed Canadian inflation to the highest in over two years, while the breadth of price pressures narrowed and core measures were little changed.
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.
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