BMO joins chorus of economists predicting interest rate cut
Lower interest rates for variable rate mortgages, lines of credit and other loans could boost consumer spending.
Loonie dips below 71 cents US for first time since 2003
BMO economist says dollar could dip below $0.70 before it starts to recover.
Canada’s big banks predict rocky economy this year
Lower oil prices will continue to drag on performance.
Half of microbusinesses able to launch with $100,000 or less: BMO
One in ten of the “microbusinesses” needed only $2,500 or less to get started, poll finds.
Falling oil prices will shift power balance among provinces, BMO economist says
Manufacturers and exporters should see a boost in demand thanks to growth in the US and a lower Canadian loonie.
Majority counting on CPP for retirement; others will rely on lottery: poll
According to BMO poll, Canadians expect to need personal savings and part time jobs to compliment CPP income.
OECD calls for Bank of Canada rate to hit 2.25% by late 2015
Economists believe the central bank won’t budge off 1% until the first quarter of 2015, perhaps even later.
Smaller businesses face bigger banking challenges
Credit unions best for small business; among the big banks, CIBC still the worst.
Kitchener-Waterloo-Cambridge ahead of the pack
BMO report predicts 13,000 news jobs by the end of 2016.
BoC could raise rates 0.5% this year, says RBC outlook
Move would hinge on Canadian economic growth keeping its momentum.
Bright spots in July’s dim jobs report: TD
Still adding full-time jobs monthly despite economic concerns.
US, EU top Canadian trade choices: BMO survey
A BMO survey shows the US is still the most popular market by a wide margin for Canadian companies looking to expand internationally, with the EU ranked second.
Flaherty: Ontario has fundamental budgeting problems
Canada’s banks assure Flaherty budget balancing is do-able by 2015.
Private companies hot on growth, despite slump
The threat of a global economic slump hasn’t cooled the confidence of Canadian private companies, according to global consulting company PwC’s insights survey; in fact, they’re hotter than ever for growth and expansion.
