Canada

Bank of Canada set to keep interest rate unchanged as oil prices push inflation higher

Bank of Canada set to keep interest rate unchanged as oil prices push inflation higher

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The Bank of Canada is expected to keep its benchmark interest rate unchanged at 2.25 percent when it announces its latest decision. The central bank will also release its updated economic outlook in its quarterly monetary policy report. Economists say the decision comes as policymakers weigh competing pressures on inflation and economic growth. Earlier forecasts […]

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‘We need to move’: Moe says Canada now in a race with Venezuela to find new markets for oil

‘We need to move’: Moe says Canada now in a race with Venezuela to find new markets for oil

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North American oil prices fell on the news of more supplies hitting the market Published Jan 08, 2026 Last updated 9 hours ago 6 minute read Premier Scott Moe says the United States’ military intervention in Venezuela and the possible takeover of the country’s oil resources has heightened the need to enhance export capacity for Canadian

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