Erik Hertzberg

OTTAWA, Canada — A key former ally of Justin Trudeau's said he would vote to topple the government, a move that would likely plunge the country into

Bank of Canada officials acknowledged their decision to cut interest rates by half a percentage point for a second consecutive meeting was a “close call,” with some policymakers initially tilting toward a smaller reduction in borrowing costs.

The prime minister’s resignation marks both the end of a political era and the beginning of a potentially dramatic reshaping of the nation’s economy.

(Bloomberg) -- Governor Tiff Macklem has successfully wrestled down one of the worst inflationary crises in the Bank of Canada's history, putting his nation on track for a soft landing. US President-elect Donald Trump may dismantle all that with a stroke of a pen.

Governor Tiff Macklem has successfully wrestled down one of the worst inflationary crises in the Bank of Canada’s history, putting his nation on track for a soft landing. US President-elect Donald Trump may dismantle all that with a stroke of a pen.

(Bloomberg) -- Governor Tiff Macklem has successfully wrestled down one of the worst inflationary crises in the Bank of Canada's history, putting his nation on track for a soft landing.

The Bank of Canada says the bar for using exceptional monetary policy tools like quantitative easing and extraordinary forward guidance “should remain very high,” after reviewing its response to the Covid-19 pandemic to inform how it reacts to future crises.

The Bank of Canada’s survey of businesses painted a picture of an economy that’s close to finding its footing before facing US President Donald Trump’s trade policies that may potentially destabilize it.

(Bloomberg) -- The Bank of Canada's survey of businesses painted a picture of an economy that's close to finding its footing before facing US President Donald Trump's trade policies that may potentially destabilize it.