economics

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Bank of Canada "ultra-low interest rates may not return"

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Carolyn Rogers, Bank of Canada: "Canadians expecting a return to the ultra-low rate environment of the last decade and a half may be sorely disappointed, noting the rock-bottom rate environment in the wake of the Great Financial Crisis was an outlier, not the rule."

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Canada inflation jumps to 4%. October rate hike bets rise

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“Canada's annual inflation rate in August jumped to 4.0% from 3.3% in July on higher gasoline prices, data showed on Tuesday, a sign the central bank may be forced to raise interest rates yet again after 10 hikes since March of last year.”