Bank of Canada governor Tiff Macklem will participate in a fireside chat hosted by the Business Council of British Columbia in Vancouver on Monday. The central bank raised its key interest rate target by half a percentage point last week to 4.25 per cent, its highest level since 2008. The increase helped push up the cost of borrowing for Canadians as the big banks followed by raising their benchmark prime rates.
is expected to hear closing arguments on Tuesday and Wednesday. The Competition Bureau is seeking to block the deal due to its concerns the merger would lessen competition in the telecom market, trigger higher prices and lead to poor service.The picture of how the Canadian economy fared at the start of the fourth quarter will become a little clearer this week with the release of a pair of data points.