World
The Bank of Canada decided on Wednesday not to raise its overnight rate at 0.25 percent, a rate it adopted in the early days...
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Business
It has been four years since Governor Stephen Poloz and his deputies on the Governing Council cut interest rates in response to a massive...
Business
The Bank of Canada recently announced it is joining the Network for Greening the Financial System, a worldwide forum of central banks and financial...
Business
When Stephen Poloz became Governor of the Bank of Canada in 2013, he predicted that Canadian exports would be buoyed by strong global demand...
World
The Toronto Real Estate Board (TREB) is predicting a slower year in 2018 after the rollicking roller coaster ride in the housing market over...
Business
“This less aggressive stance on interest rates partly reflects concerns over NAFTA renegotiations and, to a lesser extent, the stronger Canadian dollar,” David Madani,...
Business
The central bank lowered its trend-setting overnight rate a quarter percentage point Wednesday to 0.50 per cent — the second rate cut in six...
Business
Total Consumer Price Index(CPI), according to the Bank, rose just one percent even though core inflation has remained near 2 percent for the last...
Business
This morning, January 23, the loonie was still trading below 81 cents to the US dollar. The Bank of Canada rate cut caught markets...
Business
The move by the Bank reduced the lending rate from 1.0 percent to 0.75 percent. The Bank governor Stephen Poloz said: “The drop in...