bank of canada
Canadian business sentiment drops from high levels: survey
Bank of Canada’s measure for corporate confidence dropped into negative territory for the first time since Q3 of 2016.
Poloz says stimulative rates needed for temporary soft patch
The central bank left its interest rate unchanged last month.
Bank of Canada’s interest rate decision helps utilities and telecom sectors
The BoC decided not to increase interest rates.
Trade issues, oil slump, lower spending slow growth: BoC deputy
Uncertainty related to US policies has kept business investment lower than where it should be.
Bank of Canada holds interest rate, views oil slump as temporary soft patch
The bank is now projecting growth to be just 1.7 per cent in 2019.
B of C expected to hold interest rate as economic clouds gather
Lower growth prospects expected to reinforce Poloz’s strategy of moving very gradually on increases to overnight rate.
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Global economy at stage where stimulus can be ‘steadily withdrawn’: Poloz
Bank of Canada signals it will gradually raise benchmark interest rate from its current level of 1.75% to between 2.5% and 3.5%.
Statistics Canada reports GDP up 0.1% in August boosted by oil and gas subsector
Helping drive the growth was the mining, quarrying and oil and gas extraction sector which rose 0.9 per cent.
Bank of Canada raises rate, signals future hikes could arrive sooner
The rate is now higher than it’s been in about a decade.
Net worth rising but higher debt stings Canadian consumers: analysis
Household debt has been identified as key vulnerability.
Bank of Canada holds interest rate for now, puts more focus on NAFTA
BoC concerned with NAFTA implications for inflation.
Digitization poised to disrupt central banking, too: Poloz
Effect he believes could have implications for inflation outlooks and even interest-rate decisions.
Bank of Canada raises rate, predicts economic resilience despite trade risks
The rate hasn’t been this high since December 2008.
Bank of Canada widely expected to get back on its rate hiking path
Bank of Canada governor Stephen Poloz hasn’t touched the rate since he increased it in January, a move that followed increases last year in September and July.
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Trade dispute to figure prominently in central bank’s rate decision: Poloz
Projections will include fallout from US steel and aluminum tariffs as well as retaliatory measures by Canada and others.
