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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
Bank of Canada Optimistic About Economy Despite Trade Headwinds
OTTAWA—The Bank of Canada broke its tone of pessimism on May 29, saying that the economy is improving ...
May 29, 2019
Bank of Canada Neutral on Next Rate Move, Downgrades 2019 Growth Forecast
OTTAWA—The Bank of Canada dropped language about future interest rate increases and projected growth in the first half of ...
April 24, 2019
Bank of Canada Increasingly Uncertain About Next Rate Hike
OTTAWA—As widely anticipated, the Bank of Canada left its key interest rate unchanged at 1.75 percent on March ...
March 6, 2019
Bank of Canada on Hold as Trade Uncertainty Weighs on Solid Fundamentals
The Bank of Canada kept rates unchanged on Sept. 5, as NAFTA uncertainty remains the primary risk to ...
September 5, 2018
Bank of Canada Hikes Rates as Trade Spat Begins
OTTAWA—The Bank of Canada raised its key policy rate to 1.5 percent on July 11 as the economy ...
July 11, 2018
Bank of Canada Telegraphs July Rate Hike
Bank of Canada
May 30, 2018
Poloz Says Canadians’ Debt Load a Growing Concern for Rate Hikes
OTTAWA—Canadians have amassed a $2 trillion mountain of household debt that’s casting a big shadow over the timing ...
May 1, 2018
The Canadian Press
Bank of Canada Upbeat on Inflation and Growth After Q1 Hiccup
OTTAWA—The Bank of Canada painted a rosier picture of the Canadian economy on April 18, with higher growth ...
April 18, 2018
Civil Rights Icon Viola Desmond Immortalized on Canada’s New $10 Bill
In a historic ceremony in Halifax on International Women’s Day, Viola Desmond became the first black person and ...
March 8, 2018
Bank of Canada Hikes Rates as Strong Economy Outweighs NAFTA Uncertainty
As was widely expected, the Bank of Canada raised its overnight rate target by 0.25 percent to 1.25 ...
January 17, 2018
Bank of Canada: Housing Market Risk Reducing, Still Biggest Threat to Financial System
OTTAWA—Housing-related concerns remain the biggest threat to the financial system in Canada, but an improving economy, tighter lending ...
November 28, 2017
Cautious Bank of Canada Holds Rates Unchanged as Economy Nears Full Capacity
Bank of Canada keeps rates unchanged.
October 25, 2017
Bank of Canada Hikes Rates for Second Straight Time
The Bank of Canada raised its policy rate to 1.00 percent on Sept. 6 citing growth that is ...
September 6, 2017
Bank of Canada Raises Rates on Improving Growth Outlook
As widely expected, the Bank of Canada raised its key policy rate by 0.25 percent to 0.75 percent on July ...
July 12, 2017
Bank of Canada Anticipates Toronto Housing Market Cooling
The Bank of Canada reiterated its expectation that recently enacted stricter mortgage insurance eligibility criteria, the elevated level ...
April 12, 2017
Poloz Cautiously Optimistic on Canadian Economy
OTTAWA—Bank of Canada governor Stephen Poloz says the country's economy is finally gathering momentum after hobbling through the ...
June 15, 2016
The Canadian Press
2016 to Be a Year of Transition for Canadian Economy
Canadian economic growth in 2016 should be better than in 2015, but 2017 is looking even better.
December 22, 2015
Bank of Canada holds rates steady as economy rebalances
The battle in the Canadian economy between the resource and non-resource sectors rages on, but despite further drops ...
October 21, 2015
Well-Diversified Canada Can Weather Commodities Slump, Says Poloz
Canada has a well-diversified economy and can deal with the slump in commodities prices, most notably oil, according ...
September 22, 2015
Canadian Household Leverage, Credit Growth Slowly Easing
As far as the high level of Canadian household debt goes, the Bank of Canada’s surprise rate cut ...
July 1, 2015
Bank of Canada Awaits Second-Quarter Rebound
The Bank of Canada believes the Canadian economy is evolving in line with its April projections
May 27, 2015
Bank of Canada Keeps Rates Unchanged, Expects Mid-Year Rebound
The Bank of Canada left the overnight rate target at 0.75 percent as it expects the economy to ...
April 15, 2015
Canada’s GDP Shrinks in January
Canada’s economy shrank 0.1 percent in January, but it wasn’t as bad as economists’ consensus expectations of a ...
March 31, 2015
Bank of Canada’s Poloz Committed to Targeting Inflation
Bank of Canada governor Stephen Poloz strongly endorsed inflation-targeting as a modus operandi for central banks, but feels ...
February 24, 2015
Bank of Canada Cuts Policy Rate to 0.75% on Oil Price Plunge
In a surprising move on Wednesday, the Bank of Canada cut its overnight target rate from 1 percent ...
January 21, 2015
Draghi Outshines Yellen at Jackson Hole
European Central Bank president Mario Draghi stole the show at the Jackson Hole central bankers’ conference on Aug. ...
August 27, 2014
Moody’s Downgrades Hong Kong Outlook to ‘Negative’ as Protests Continue
A Bipartisan House Group Rallies With Farmers for USMCA
OxyContin Maker Files for Bankruptcy, Faces Thousands of Lawsuits
Trump Questions Iran’s Denial of Saudi Oil Attack Involvement
Progressive Working Families Party Endorses Elizabeth Warren for 2020
Trump Responds to NY Times Correction: ‘The One Who Is Actually Being Assaulted Is Justice Kavanaugh’
Trump Administration to Look at Immigrants’ Social Media Accounts