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Poloz

  • Bank of Canada Warns of Debt From Households and Businesses Amid COVID-19 Pandemic
    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 about the ability of companies to weather the COVID-19 economic crisis. The ...
    May 14, 2020BY The Canadian Press
  • Bank of Canada Unable to Accurately Forecast COVID-19 Hit to Economy
    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, 2020BY Rahul Vaidyanath
  • COVID-19 Economic Response Takes Canada Into Uncharted Waters
    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, 2020BY Rahul Vaidyanath
  • Bank of Canada Not Ready to Give In to Rate Cut Pressure
    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, 2019BY Rahul Vaidyanath
  • Bank of Canada Optimistic About Economy Despite Trade Headwinds
    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, 2019BY Rahul Vaidyanath
  • Bank of Canada Neutral on Next Rate Move, Downgrades 2019 Growth Forecast
    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, 2019BY Rahul Vaidyanath
  • Bank of Canada Increasingly Uncertain About Next Rate Hike
    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, 2019BY Rahul Vaidyanath
  • Bank of Canada on Hold as Trade Uncertainty Weighs on Solid Fundamentals
    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, 2018BY Rahul Vaidyanath
  • Bank of Canada Hikes Rates as Trade Spat Begins
    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, 2018BY Rahul Vaidyanath
  • Bank of Canada Telegraphs July Rate Hike
    Bank of Canada Telegraphs July Rate Hike
    Bank of Canada
    May 30, 2018BY Rahul Vaidyanath
  • Poloz Says Canadians’ Debt Load a Growing Concern for Rate Hikes
    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, 2018BY The Canadian Press
  • Bank of Canada Upbeat on Inflation and Growth After Q1 Hiccup
    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, 2018BY Rahul Vaidyanath
  • Civil Rights Icon Viola Desmond Immortalized on Canada’s New $10 Bill
    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, 2018BY Rahul Vaidyanath
  • Bank of Canada Hikes Rates as Strong Economy Outweighs NAFTA Uncertainty
    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, 2018BY Rahul Vaidyanath
  • Bank of Canada: Housing Market Risk Reducing, Still Biggest Threat to Financial System
    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, 2017BY Rahul Vaidyanath
  • Cautious Bank of Canada Holds Rates Unchanged as Economy Nears Full Capacity
    Cautious Bank of Canada Holds Rates Unchanged as Economy Nears Full Capacity
    Bank of Canada keeps rates unchanged.
    October 25, 2017BY Rahul Vaidyanath
  • Bank of Canada Hikes Rates for Second Straight Time
    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, 2017BY Rahul Vaidyanath
  • Bank of Canada Raises Rates on Improving Growth Outlook
    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, 2017BY Rahul Vaidyanath
  • Bank of Canada Anticipates Toronto Housing Market Cooling
    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, 2017BY Rahul Vaidyanath
  • Poloz Cautiously Optimistic on Canadian Economy
    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, 2016BY The Canadian Press
  • 2016 to Be a Year of Transition for Canadian Economy
    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, 2015BY Rahul Vaidyanath
  • Bank of Canada holds rates steady as economy rebalances
    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, 2015BY Rahul Vaidyanath
  • Well-Diversified Canada Can Weather Commodities Slump, Says Poloz
    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, 2015BY Rahul Vaidyanath
  • Canadian Household Leverage, Credit Growth Slowly Easing
    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, 2015BY Rahul Vaidyanath
  • Bank of Canada Awaits Second-Quarter Rebound
    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, 2015BY Rahul Vaidyanath
  • Bank of Canada Keeps Rates Unchanged, Expects Mid-Year Rebound
    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, 2015BY Rahul Vaidyanath
  • Canada’s GDP Shrinks in January
    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, 2015BY Rahul Vaidyanath
TOP NEWS
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    NEW By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    1hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    2hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    2hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Signs Nuclear Cooperation Deal With Saudi Arabia
    2hr By Emel Akan
    US Signs Nuclear Cooperation Deal With Saudi Arabia
  • House Passes Defense Policy Bill That Attaches SAVE America Act
    2hr By Jackson Richman
    House Passes Defense Policy Bill That Attaches SAVE America Act
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    3hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    3hr By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    4hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    4hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
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