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.