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Bank of Canada
GameStop Trading Frenzy a ‘Perfect Storm’ and a Warning for Canada
GameStop and a handful of other stocks have experienced roller-coaster rides that have gripped financial markets over the last week.
February 3, 2021
BY
Rahul Vaidyanath
Rising Canadian Dollar a Headwind for Economic Rebound
The Canadian dollar’s strength is acting as a headwind for the country’s economic recovery, but its rally isn’t ...
January 27, 2021
BY
Rahul Vaidyanath
Bank of Canada Keep Key Rate at 0.25%, Warns of Economic Decline in 2021
OTTAWA—The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, ...
January 20, 2021
BY
The Canadian Press
Bank of Canada Warns of Bumpy Economic Start to 2021 as It Keeps Key Rate on Hold
OTTAWA—Positive news about vaccine delivery won’t be enough to give the economy a shot in the arm to ...
December 9, 2020
BY
The Canadian Press
Bank of Canada Keeps Some Dry Powder as Ottawa Spends
OTTAWA/TORONTO—Bank of Canada Governor Tiff Macklem sees the benefit of sticking with increased government spending to support an ...
October 29, 2020
BY
Reuters
Bank of Canada Says COVID-19 Economic Recovery Likely by 2022
OTTAWA—The Bank of Canada kept its key interest rate on hold Wednesday as it said the country’s economy ...
October 28, 2020
BY
The Canadian Press
Path to Economic Recovery Filled With Risks That Need to Be Managed, Macklem Says
OTTAWA—The governor of the Bank of Canada says managing the risks from the pandemic is more critical than ...
October 8, 2020
BY
The Canadian Press
Years of Near-Zero Interest Rates the Latest Bid to Spur Recovery in US, Canada
Central banks are pulling out all the stops to support the economic recovery, with the latest move being ...
September 23, 2020
BY
Rahul Vaidyanath
Bank of Canada Warns of Uneven Recovery Despite Better Than Expected Bounce Back
OTTAWA—The Bank of Canada sought Wednesday to temper economic excitement about a sharper-than-expected rebound from the depths of ...
September 9, 2020
BY
The Canadian Press
Bank of Canda Keeps Key Interest Rate Target on Hold
OTTAWA—The Bank of Canada is keeping its key interest rate target on hold at 0.25 percent and says ...
September 9, 2020
BY
The Canadian Press
Bank of Canada to Revisit Inflation-Targeting, Shadowing Fed: Reuters Poll
The Bank of Canada will remain in a holding pattern and likely follow the U.S. Federal Reserve's path ...
September 4, 2020
BY
Reuters
Macklem Says Central Bank Speak Needs to Be Simple to Maintain Public Trust
OTTAWA—The head of the Bank of Canada made an international pitch to his fellow central bankers on Thursday ...
August 27, 2020
BY
The Canadian Press
Bank of Canada Holds Rate, Forecasts Decline in GDP of 7.8% This Year
OTTAWA—The Bank of Canada is holding its key interest rate at 0.25 percent in response to what it ...
July 15, 2020
BY
The Canadian Press
Bank of Canada Moves to Cap Long-Term Rates as Ottawa Pumps up Borrowing: Analysts
TORONTO—The Bank of Canada is moving to help keep down long-term bond yields as Ottawa cranks up issuance ...
July 13, 2020
BY
Reuters
Bank of Canada Reports Business Hiring Is Muted due to Pandemic
OTTAWA—Companies that have laid off workers are telling the Bank of Canada they plan to refill some positions ...
July 6, 2020
BY
The Canadian Press
New Bank of Canada Governor Says COVID-19 Will Leave Lasting Changes on Economy
OTTAWA—Canada’s top central banker says there will be long-term economic damage from the COVID-19 pandemic as the country ...
June 22, 2020
BY
The Canadian Press
US Fed’s ‘Long Road’ Lays Bare Challenge to New Bank of Canada Governor
OTTAWA—New Bank of Canada Governor Tiff Macklem, already facing the double whammy of the coronavirus pandemic and slumping ...
June 11, 2020
BY
Reuters
Bank of Canada Keeps Key Rate Target On Hold, Expects Return to Growth in Q3
OTTAWA—The economy appears to have avoided a worst-case scenario due to the COVID-19 pandemic, the Bank of Canada ...
June 3, 2020
BY
The Canadian Press
Bank of Canada Warns of Debt From Households and Businesses Amid COVID-19 Pandemic
OTTAWA—The Bank of Canada says there are signs in the country’s financial markets that suggest there are concerns ...
May 14, 2020
BY
The Canadian Press
Incoming Bank of Canada Governor Saw ‘Stop-Start’ Recovery After Lockdown
TORONTO/OTTAWA—Newly appointed Bank of Canada Governor Tiff Macklem projected a halting economic recovery during an exclusive interview conducted ...
May 11, 2020
BY
Reuters
Tiff Macklem Named Next Bank of Canada Governor
OTTAWA—Tiff Macklem, a former second-in-command at the Bank of Canada, is coming back to the central bank to ...
May 1, 2020
BY
The Canadian Press
Bank of Canada Unable to Accurately Forecast COVID-19 Hit to Economy
The Bank of Canada cited exceptionally high uncertainty for not being able to pinpoint forecasts for economic growth ...
April 15, 2020
BY
Rahul Vaidyanath
COVID-19 Economic Response Takes Canada Into Uncharted Waters
To limit economic damage from the CCP virus pandemic, the Canadian government and Bank of Canada are being ...
April 1, 2020
BY
Rahul Vaidyanath
Bank of Canada Cuts Rates, Feds Provide Wage Subsidies
OTTAWA—Canada’s central bank made yet another unscheduled rate cut Friday to bring its key interest target down to ...
March 27, 2020
BY
The Canadian Press
Bank of Canada Cuts Key Interest Rate to 0.25% in Unscheduled Move
OTTAWA—The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 percent in an ...
March 27, 2020
BY
The Canadian Press
Bank of Canada Not Ready to Give In to Rate Cut Pressure
The Bank of Canada is stuck between a rock and a hard place.
September 4, 2019
BY
Rahul Vaidyanath
Bank of Canada Keeps Neutral Rate Stance as Trade Tensions Cloud Strong Second Quarter
OTTAWA—The Bank of Canada recognized a better-than-expected second quarter on July 10; however, deeper analysis of the trade ...
July 10, 2019
BY
Rahul Vaidyanath
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Ivan Pentchoukov
Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
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