Plant.ca

News Government Economy General
October 19, 2020  

Companies have modest hiring plans, expect low wage growth: BoC

Central bank’s business outlook survey finds that wage growth is widely expected to slow over the next year.

News Manufacturing Economy General
September 9, 2020  

Statistics Canada rejigs low income stats as poverty gap grows

Fewer people in Canada are living on low incomes, but those still in poverty have not seen their situations improve.

News Government Manufacturing Economy General
September 9, 2020  

Bank of Canada warns of uneven recovery despite bounce back

Economy continues to cope with ongoing uncertainty and structural challenges.

News Government Manufacturing Economy General
August 26, 2020  

Bank of Canada reviews effect on wealth, income distribution: Wilkens

Also testing other frameworks related to monetary policy to see how they fare in good economic times and bad.

News Manufacturing Economy General
July 6, 2020  

Business hiring plans remain muted due to pandemic: B of C

Many service sector and energy companies don’t expect a return to pre-pandemic employment levels.

News Manufacturing General
June 23, 2020  

Some lasting economic damage from COVID: Macklem

Bank of Canada chief sees growth in Q3 as people are called back to work as restrictions ease.

News Manufacturing Economy General
June 18, 2020  

May’s annual inflation rate in sinks to -0.4%: Statistics Canada

Bank of Canada governor said rates would only go up once Canada is well into an economic recovery.

News Government Economy General
May 4, 2020  

Bank of Canada’s independence key to aiding post COVID recovery: Wilkins

Actions aimed at ensuring businesses and individuals can access lines of credit and short-term loans.

News Government Manufacturing Economy General
April 15, 2020  

Liberals ease access to emergency benefit as economy shrinks fast

More money for seasonal workers without jobs, those jobless before the crisis and those whose hours have been drastically cut.

News Manufacturing Economy General
March 4, 2020  

Bank of Canada cuts key rate to 1.25% amid coronavirus concerns

Says it’s becoming clear the Canadian economy won’t grow as much as previously forecasted for the first quarter of the year.

News Government Manufacturing Economy General
February 27, 2020  

Bank of Canada to create its own digital currency as a contingency: deputy

Central bank has been researching the economic and technological impacts of volatile digital currencies such as Bitcoin.

News Manufacturing Economy
January 14, 2020  

Bank of Canada survey suggests business confidence up

Outside of energy-producing regions, reports of improved indicators of future sales are widespread.

News Manufacturing Economy General
January 10, 2020  

Bank of Canada watching global trade impacts

Looking to see how weakness from manufacturing may spread to services, employment, consumer spending or housing.

News Government Economy General
December 4, 2019  

Bank of Canada keeps key interest rate target on hold at 1.75%

Early evidence the global economy is stabilizing and growth is still expected to edge higher over the next couple of years.

News Manufacturing Economy General
September 5, 2019  

Bank CEOs signal slower growth ahead amid trade tensions

CIBC chief said negative interest rates are an issue and questions loom about how trade wars will unfold.

News Manufacturing Economy General
September 3, 2019  

Canada posts strong quarterly growth, but trade risks loom

Analysts say trade-driven boost was likely a temporary factor, particularly with weakening global economic conditions.

News Manufacturing Economy General
July 31, 2019  

Bank of Canada unlikely to follow Fed interest rate cut

Canadian economic growth showing signs of re-emerging after it nearly stalled in late 2018 and early 2019.

News General
July 16, 2019  

Bank of Canada to take over key interest rate benchmark for financial markets

The central bank says it will take over the administration of the Canadian Overnight Repo Rate Average, from financial markets data firm next year.

News Manufacturing Economy General
July 11, 2019  

Poloz in no rush to move interest rate, warns of trade threats

Target at 1.75% for a sixth-straight meeting as the country bounces back from a weak stretch.

News Manufacturing Economy General
June 19, 2019  

Annual pace of inflation rises in May to 2.4%: Statistics Canada

Prices rose in all eight of the index’s major components compared with a year ago.

News Manufacturing Economy General
April 15, 2019  

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.

News Government Economy General
April 2, 2019  

Poloz says stimulative rates needed for temporary soft patch

The central bank left its interest rate unchanged last month.

News Government Economy
March 6, 2019  

Bank of Canada’s interest rate decision helps utilities and telecom sectors

The BoC decided not to increase interest rates.

News Economy General
February 6, 2019  

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.

News Government Oil & Gas Economy
January 9, 2019  

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.

News Manufacturing Economy General
December 5, 2018  

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.

News Manufacturing Economy
November 5, 2018  

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%.

News Manufacturing Minerals Oil & Gas Economy
October 31, 2018  

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.

News Government Economy General
October 24, 2018  

Bank of Canada raises rate, signals future hikes could arrive sooner

The rate is now higher than it’s been in about a decade.

News Government Economy General
September 18, 2018  

Net worth rising but higher debt stings Canadian consumers: analysis

Household debt has been identified as key vulnerability.

News Government Economy General
September 6, 2018  

Bank of Canada holds interest rate for now, puts more focus on NAFTA

BoC concerned with NAFTA implications for inflation.

News Manufacturing Economy General Technology
August 27, 2018  

Digitization poised to disrupt central banking, too: Poloz

Effect he believes could have implications for inflation outlooks and even interest-rate decisions.