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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 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 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 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 Government Manufacturing Economy General
June 13, 2018  

Fed raises key rate and sees possible acceleration in hikes

Foresees four rate hikes this year, up from the three it had previously forecast.

News Manufacturing Economy General
April 18, 2018  

Bank of Canada holds interest rate as it ponders timing of next hike

Poloz says economy’s unable to continue running at full tilt without the power of lower rates.

News Manufacturing General
January 17, 2018  

Bank of Canada underlines NAFTA risks as it hikes interest rate

Strong economy cited, but trade deal uncertainties cast a widening shadow over its outlook.

News Manufacturing Economy General
December 6, 2017  

Bank of Canada holds rate, but signals hikes are on the horizon

Exports have slipped more than expected in recent months, but trade growth to pick with rising foreign demand.

News Manufacturing Economy General
July 12, 2017  

Loonie soars more than a cent as Bank of Canada hikes interest rate

Interest rates slashed in 2015 to help the economy deal with a plunge in oil prices.

News Manufacturing Economy General
May 24, 2017  

Bank of Canada expected stand pat on interest rate

Locking in at 0.5% as uncertainty continues to swirl around the US policy agenda on trade and taxation.

News Government Manufacturing Economy General
March 1, 2017  

Bank of Canada holds interest rate, warns of ‘significant uncertainties’

Bank says some US proposals would have “material consequences” for Canadian investment and exports.

News Manufacturing Economy General
December 7, 2016  

B of C sticks with 0.5% interest rate amid stronger yet uncertain global economy

Uncertainty creating a negative effect on business confidence, investment.

News Government Manufacturing Economy General
September 7, 2016  

Central bank raises economic concerns, holds interest rate at 0.5%

Concern follows news that the economy contracted at an annual pace of 1.6% in Q2.

News Manufacturing Economy General
September 10, 2015  

BoC holds 0.5% rate as resource sector adjusts

Lower dollars absorbs some of the impact of lower commodity prices.

News Government Manufacturing Economy General
July 16, 2015  

The pros and cons of the Bank of Canada’s interest rate cut

Cheaper access could come at a much higher cost down the road.

News Government Manufacturing Economy General
July 15, 2015  

Bank of Canada cuts rate to 0.5%, slashes economic outlook

Central bank blames rate cut on a drop in energy investment plans and weaker-than-expected exports.

News Government Manufacturing Economy General
January 26, 2015  

TD cuts economic forecast due to low oil

Bank predicts another interest rate cut.

News Automotive Government Manufacturing Oil & Gas Economy General
January 7, 2015  

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.

News Government Manufacturing Oil & Gas Business Operations Economy General Production
December 4, 2014  

BoC keeps 1% rate as cheap oil, debt risks offset healing economy

Increase in exports thanks to an improved US economy has boosted business investment and job creation.

News Manufacturing Business Operations Operations Production
July 15, 2013  

As Poloz readies his first BoC statement, focus turns to where he stands

Poloz has studiously avoided giving even a hint of his stance on interest rates since taking over for Mark Carney.

News Business Operations
January 11, 2013  

Economic momentum softer than anticipated: BoC’s Macklem

Cautions Canadian’s indebtness and housing’s rising share of the economy are unsustainable.