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BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and the markets.
Latest News. 5:35. Immigration to drive Canada's population boom over next 50 years. Immigration-fuelled population growth is set to increase the number of people in Canada by more than half over the next 50 years. 6:35. Alberta oil and gas sector exceeded flaring limit in 2023, data shows.
Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.
3 days ago · The consumer price index rose 2.9% in May from a year ago, up from 2.7% a month earlier, primarily due to higher prices for services, Statistics Canada reported Tuesday in Ottawa. That was faster ...
4 days ago · June 24, 2024 at 5:20 AM PDT. The Bank of Canada is doing a formal review of its pandemic-era policies, when it bought hundreds of billions in government bonds to suppress interest rates. It may ...
Jun 20, 2024 · With the benchmark rate now at 4.75%, economists say that slowing economic growth and cooling inflation will prompt officials to cut it all the way to 3% by the end of 2025, according to a ...
Jun 20, 2024 · 1:55. Canada’s economic productivity is lagging behind the US and more industries should embrace generative artificial intelligence to catch up, according to a report from Royal Bank of Canada ...
Jun 17, 2024 · Listen. 1:25. Canada’s housing starts jumped to the highest level in seven months, as the country’s two largest provinces ramped up construction on apartments, townhouses and condominiums ...
Jun 21, 2024 · June 21, 2024 at 5:54 AM PDT. Listen. 2:49. Canadian retail sales likely dropped last month, nearly wiping out all of April’s gains and highlighting weakness in consumer spending that will keep ...
Apr 7, 2024 · Canada is launching a fund to boost its artificial intelligence sector and creating a new AI safety institute as Prime Minister Justin Trudeau continues to roll out spending announcements in ...
