bank of canada
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.
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.
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.
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.
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.
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.
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Global economy at stage where stimulus can be ‘steadily withdrawn’: Poloz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.
