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Bank of Canada
Canadians Will Have to Wait a Bit Longer for Interest Rate Drop: Bank of Canada Governor
Canadians will have to wait for interest rates to come down, despite the country heading in the right direction in the battle against inflation, according to Bank of Canada Governor ...
May 1, 2024
BY
Doug Lett
ANALYSIS: Bank of Canada Mum on Measure of Full Employment Amid Weakening Job Market
The BoC’s primary goal is to return inflation to 2 percent but it also has to support maximum ...
March 7, 2024
BY
Rahul Vaidyanath
Bank of Canada Holds Policy Rate at 5%, Reiterates Inflation Outlook Concern
The Bank of Canada held its policy rate at 5 percent on March 6, and said it remains ...
March 6, 2024
BY
Rahul Vaidyanath
BoC Expected to Hold Interest Rates This Week as Grey Cloud Hangs Over Economy
The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists ...
March 4, 2024
BY
The Canadian Press
Canada Avoided Recession With Modest Growth at End of 2023
Canada yet again dodged the recession bullet after posting modest fourth-quarter growth in 2023, making it likely the ...
March 1, 2024
BY
Jennifer Cowan
Central Bank Governor Admits Errors Were Made Fighting Inflation
Mistakes were made fighting recent inflation, Bank of Canada Governor Tiff Macklem has detailed in a new essay. ...
February 21, 2024
BY
William Crooks
Digital Dollar Could Threaten Banking Sector, Financial Stability: BoC Research
How to ensure financial privacy remains a major obstacle for CBDCs
February 21, 2024
BY
Rahul Vaidyanath
Canada’s Inflation Rate Tumbled to 2.9% in January, Grocery Prices Rise More Slowly
Canada’s annual inflation rate fell to 2.9 percent last month, marking a sharper deceleration in price growth than ...
February 20, 2024
BY
The Canadian Press
Economists Expect Inflation Eased in January, but Housing Still ‘Thorn’ in BoC’s Side
As the Bank of Canada waits for the right moment to start cutting interest rates, some economists are ...
February 19, 2024
BY
The Canadian Press
Coyne Affair: The Unprecedented Public Spat Between the Bank of Canada Governor and the PM
Commentary Former U.S. President Donald Trump said earlier this month that if he returns to the White House ...
February 16, 2024
BY
C.P. Champion
Lower Government Spending Would Decrease Inflation Faster, Bank of Canada Governor Says
The governor of the Bank of Canada says the country’s inflation rate would drop more quickly if future ...
February 2, 2024
BY
William Crooks
ANALYSIS: Why Bank of Canada May Not Cut Rates as Fast as Markets Expect
Global macro strategist notes that skyrocketing population growth necessitates higher interest rates.
January 24, 2024
BY
Rahul Vaidyanath
Bank of Canada: ‘Strong Population Growth Is Supporting Inflation in Rental Prices’
The Bank of Canada, in a recent analysis, focused on Canadian housing cost trends and noted that “strong ...
January 24, 2024
BY
William Crooks
Bank of Canada Holds Key Rate at 5%, Indicates Thinking Shifting Toward Rate Cuts
OTTAWA—The Bank of Canada (BoC) held its key interest rate at 5 percent Jan. 24, as widely expected, ...
January 24, 2024
BY
Rahul Vaidyanath
Freeland Says Dream of Home Ownership ‘Alive and Well’ Despite High Interest Rates
Finance Minister Chrystia Freeland says the Canadian dream of buying a first home is “alive and well,” despite ...
January 22, 2024
BY
William Crooks
All Eyes on the BoC This Week for Any Hints on When It Plans to Cut Interest Rates
As the Bank of Canada gears up to announce its next interest rate decision on Jan. 24, economists ...
January 21, 2024
BY
The Canadian Press
Extreme Weather Drives Demand for Payday Loans: Bank of Canada
Sudden increases in payday lending go hand-in-hand with extreme weather, Bank of Canada (BoC) researchers have discovered. A ...
January 10, 2024
BY
Jennifer Cowan
Bank of Canada Trademarks ‘Digital Canadian Dollar’
The move comes despite public consultations that found a large majority of Canadians (85 percent) say they would ...
January 8, 2024
BY
Jennifer Cowan
Economists See ‘Turning Point’ in Housing Market This Year as Interest Rate Cuts Loom
January 8, 2024
BY
The Canadian Press
Canada to See Spring Interest Rate Cuts and Economic Growth by Year’s End, Deloitte Predicts
The firm says the expected rate cuts will relieve some of the price pressures though Canadians shouldn’t expect ...
January 4, 2024
BY
Jennifer Cowan
Canada’s Economy Had ‘Rare’ Economic Retraction in 2023 Despite Absence of Recession: Report
The report by National Bank Financial also warns that hiring in the labour market is not keeping pace ...
December 27, 2023
BY
Matthew Horwood
‘Excessive’ Immigration Is Putting Pressure on Inflation: Scotiabank Economist
In evaluating the latest inflation data, economist Derek Holt noted “Canada’s torrid rate of population growth is adding ...
December 20, 2023
BY
Noé Chartier
Freeland Keeps Mum on Timeline for Determining Alberta’s CPP Entitlement
Citing the "complicated" nature of pensions and need for all provinces and territories to weigh in, Finance Minister ...
December 16, 2023
BY
The Canadian Press
Bank of Canada Governor Says Inflation Expected to Near 2 Percent by End of 2024
The governor of the Bank of Canada (BoC) says he expects the country’s inflation rate to be close ...
December 16, 2023
BY
Chandra Philip
ANALYSIS: Nosediving Oil Prices—What’s Facing Canada’s Economy, Energy Sector
The price of the U.S. crude benchmark West Texas Intermediate (WTI) dipped below US$69 per barrel on Dec. ...
December 13, 2023
BY
Rahul Vaidyanath
ANALYSIS: Bank of Canada Still in Rate-Hike Mode as Recession Indicators Mount
The Bank of Canada painted a picture of a worsening economy, but not one that needs a cut ...
December 6, 2023
BY
Rahul Vaidyanath
Bank of Canada Keeps Policy Rate at 5%, Ready to Hike More if Needed
The central bank says it wants to see ‘further and sustained easing in core inflation.’
December 6, 2023
BY
Rahul Vaidyanath
TOP NEWS
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
NEW
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
2hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
2hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
3hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
7hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
8hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
9hr
By
Jacob Burg
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
14hr
By
Melanie Sun
Kentucky Derby Champion Golden Tempo Wins 2026 Belmont Stakes
16hr
By
Ross Kelly
Hegseth Warns Europe of ‘Dangerous Ideologies’
16hr
By
Tom Gantert