Business Update – 08 May 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Tiff Macklem defends Bank of Canada’s two per cent inflation target Bank of Canada Governor Tiff Macklem defended the central bank’s two per cent inflation target as the key benchmark for setting interest rates on Wednesday under questioning from Canadian senators on the standing committee on banking, commerce and the economy in Ottawa. Provincial… Read more