Topic: #bank-of-canada

Conservative MP requests extension of gas tax relief until next year

Canadian Conservative MP Pierre Poilievre has requested Bank of Canada Governor Tiff Macklem to extend the federal fuel excise tax relief, initially implemented in April, until next year. The move comes as a response to

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Canadian Business Highlights for the Coming Week: Inflation, Interest Rates, and Economic Growth

The Bank of Canada is expected to announce its decision on interest rates this week. Economists predict a hold, but some believe a rate hike could be imminent due to rising inflation. Meanwhile, Statistics Canada will re

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