Craig Wong, The Canadian Press Auhtor Headshot Image

Craig Wong, The Canadian Press

Craig Wong is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

Trade uncertainty denting business and consumer confidence: BoC reports Trade uncertainty denting business and consumer confidence: BoC reports

Economy

Trade uncertainty denting business and consumer confidence: BoC reports

Business survey shows 32% of firms expect recession this year

By Craig Wong, The Canadian Press |April 7, 2025

3 min read

Canadian economy lost 33,000 jobs in March Canadian economy lost 33,000 jobs in March

News

Canadian economy lost 33,000 jobs in March

Biggest job decline since 2022 brought the unemployment rate for March to 6.7%

By Craig Wong, The Canadian Press |April 4, 2025

3 min read

BoC could have been clearer about extraordinary measures: review BoC could have been clearer about extraordinary measures: review

Policy

BoC could have been clearer about extraordinary measures: review

The central bank 'must take on board the lessons from this unprecedented experience': Macklem

By Craig Wong, The Canadian Press |January 17, 2025

3 min read

Loonie falls to lowest level since 2020 after Trump threatens tariffs Loonie falls to lowest level since 2020 after Trump threatens tariffs

Economic Indicators

Loonie falls to lowest level since 2020 after Trump threatens tariffs

Trump threatened to impose a 25% tariff on all products from Canada, Mexico

By Craig Wong, The Canadian Press |November 26, 2024

2 min read

Annual inflation falls to 1.6% in September Annual inflation falls to 1.6% in September

Policy

Annual inflation falls to 1.6% in September

The reading raises the odds of a 50-basis-point rate reduction by the Bank of Canada

By Craig Wong, The Canadian Press |October 15, 2024

2 min read

BoC governor urges Canada to reduce trade barriers BoC governor urges Canada to reduce trade barriers

Economy

BoC governor urges Canada to reduce trade barriers

Shifting supply chains represent risks, opportunities for Canadian business: Macklem

By Craig Wong, The Canadian Press |September 10, 2024

2 min read

BoC’s next move less certain after inflation rate ticks higher in May BoC’s next move less certain after inflation rate ticks higher in May

Policy

BoC’s next move less certain after inflation rate ticks higher in May

Monthly increase means central bank could pause at July meeting

By Craig Wong, The Canadian Press |June 25, 2024

3 min read

Slower growth in Q1 sets up possible rate cut Slower growth in Q1 sets up possible rate cut

Economic Indicators

Slower growth in Q1 sets up possible rate cut

StatsCan said growth in the first quarter was powered by higher household spending

By Craig Wong, The Canadian Press |May 31, 2024

3 min read

Annual inflation rate increased to 2.9% in March Annual inflation rate increased to 2.9% in March

Economic Indicators

Annual inflation rate increased to 2.9% in March

Gasoline prices rose 4.5% compared with a year earlier

By Craig Wong, The Canadian Press |April 16, 2024

3 min read

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