Wednesday's rate announcement will be accompanied by the quarterly monetary policy report
The latest reading is good news for the central bank ahead of its Oct. 25 rate decision
Federal deficit projected to rise to $46.5 billion in 2023-24, up from an estimated $38.7 billion for 2022-23
Governors held key interest rate steady last month, but signalled they haven't closed the door to more rate hikes if needed
Almost all the gains were in the historically volatile education sector, economist explains
Deputy governor says the bank is rethinking its assumptions about what drives inflation
Governing council said holding rates steady was the right decision for now, but worried about misinterpretation
Deputy governor weighed in on the numbers during a speech in Regina on Tuesday
The increase makes the central bank's next rate decision tougher
Economists say recent slack in the economy will convince the BoC to remain on the sidelines