Canadians go to the polls

Canadians go to the polls

Trump renews ’51st state’ rhetoric as federal election approaches

Canadians are going to the polls on Monday after an election campaign in which U.S. President Donald Trump's tariffs and musings about annexing Canada became the central issue. Alberta rancher Bob Lowe says the Canadian economy is his top concern.










Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. REUTERS/Blair Gable

Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut

Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.