Focus
Wilkins
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 or inflation.
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 in energy prices which have led to reduced growth forecasts for 2016 and 2017, the Bank of Canada held its overnight rate target at 0.50 percent on Wednesday, Oct. 21.
