An image of a newspaper

August 18, 2023

Coins and Money

How to transfer money internationally

  There are several ways to transfer money to and from Canada. Here are some popular ways to do so: Bank wire transfers: Most major banks and credit unions in Canada offer international wire transfer services. You’ll need the recipient’s bank account details, including their International Bank Account Number (IBAN) […]

Canada’s inflation rate rose to 3.3% in July

  Statistics Canada says the country’s annual inflation rate rose to 3.3 per cent in July, marking an increase in the pace of price growth since June. This comes after inflation tumbled to 2.8 per cent in June, falling within the Bank of Canada’s target range of between one and […]

Image Of bank of canada building

Economy grew in May despite wildfire effects, looks to have slowed in June

  The Canadian economy grew by 0.3 per cent in May despite downward pressure from wildfire-hit oil and gas production but it looks to have slowed in June, Statistics Canada said Friday. The energy sector was down 2.1 per cent in May, the release shows. “This was the sector’s first […]