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20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
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13 May 22
Canada’s prime minister has defended the independence of the country’s central bank after the leadership frontrunner for the main opposition party promised to fire the bank’s governor if elected.
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14 Apr 22
The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
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11 Apr 22
Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
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17 Feb 22
The Bank of Canada could implement a series of interest rate rises to mitigate soaring inflation, according to its deputy governor.
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15 Feb 22
Former Canadian Conservative leader has tabled a bill enabling the auditor general to scrutinise the Bank of Canada’s Covid-19 quantitative easing programme.
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24 Jan 22
The European Commission and Canada are set to provide more than £1bn in loans grants to Ukraine, to help ward off the threat of Russian hostility.
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14 Jan 22
A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
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21 Dec 21
Canada’s decision to implement its digital services tax in 2024 if global reforms stutter has concerned the US administration, which has threatened to look again at its trade agreements with its...
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15 Dec 21
Canada’s high spending during the pandemic has been hailed as the reason for the country’s swift economic recovery from the shock of 2020.
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26 Nov 21
Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
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26 Aug 21
Canadian prime minister Justin Trudeau has promised to tax financial services companies to help fund his housing programme if his government is re-elected next month.
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23 Apr 21
The Asian Development Bank launched two ‘gender bonds’ in Canadian and Australian markets, worth a combined $1.1bn, the first such issues for both nations.
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20 Apr 21
Canada’s first pandemic budget includes huge childcare spending and Covid-19 relief, as well as a plan to slash the deficit over the next few years.
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9 Mar 21
Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
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18 Jan 21
Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
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20 Aug 20
An ethics scandal has forced Canada’s finance minister to resign, paving the way for the country’s first ever female holder of the position.
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5 Nov 19
A Canadian public sector pension fund will plough £250m into a new property development for tech companies in Cambridge, UK, it has announced.
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20 Jun 19
Canada has become the latest country to declare a national ‘climate emergency’ after parliament pledged to stand by promises to reduce greenhouse gas emissions.
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11 Apr 19
Britain’s international development secretary has put herself at odds with efforts by the US to erode abortion rights.
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21 Nov 18
Canadian projects to boost security abroad and protect staff on missions are years behind schedule, owing to weak management and oversight, the country’s auditor general has said.
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14 Nov 18
The City of Vancouver in Canada has received an award for its “clear and engaging” budget documents.
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1 Oct 18
The US, Canada and Mexico have reached a “new, modernised trade agreement” to replace the current North American Free Trade Agreement.
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19 Sep 18
Canada should scale up its international aid to match its commitment to development, the OECD Development Assistance Committee has urged.
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24 Aug 18
The Canadian government is introducing a national ‘poverty line’ for the first time and will enshrine in law a goal to halve the number of people living in poverty by 2030.