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News Manufacturing General
July 30, 2020  

New growth opportunities to present itself in contracting global economy: report

Cross-industry collaboration, reduced taxes, and low interest rates key to expediting recovery from the economic slump

News Government Manufacturing General
May 16, 2020  

Manitoba premier cites high debt load, uncertainty for workforce cuts

Has rejected demands from unions, opposition parties, pundits and some economists to maintain public-sector jobs.

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 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 Government Economy
December 5, 2018  

Central bank holds rate amid oil slump; casts doubt on future hikes

The rate remains at 1.75 per cent; the BoC has been on a gradual rate-hiking path.

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
September 26, 2018  

US Fed raises rates for 3rd time this year with 1 more expected

Fed may be signalling its resolve to keep raising rates.

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
July 30, 2018  

Trump officials predict sustained growth in the US economy

US experienced a 4.1 per cent annual growth rate in Q2 2018, but economists warn it’s unsustainable.

News Government Economy General
July 11, 2018  

Bank of Canada raises rate, predicts economic resilience despite trade risks

The rate hasn’t been this high since December 2008.

News Government Economy
July 9, 2018  

Bank of Canada widely expected to get back on its rate hiking path

Bank of Canada governor Stephen Poloz hasn’t touched the rate since he increased it in January, a move that followed increases last year in September and July.

News Government Manufacturing Economy General
June 27, 2018  

Trade dispute to figure prominently in central bank’s rate decision: Poloz

Projections will include fallout from US steel and aluminum tariffs as well as retaliatory measures by Canada and others.

News Government General
May 30, 2018  

Bank of Canada keeps key interest rate target on hold at 1.25%

Next scheduled rate decision set for July 11.

News Manufacturing General
January 16, 2018  

US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark

BMO, Bank of Nova Scotia, CIBC, National Bank of Canada, Royal Bank of Canada, TD named in the action.

News Manufacturing Economy General
September 27, 2017  

After two hikes, ‘no predetermined path’ for rates from here: Poloz

Due to uncertainties, Bank of Canada governor warns there could be more surprises ahead – in “either direction.”

News Government Manufacturing Economy General
September 6, 2017  

Bank of Canada hikes interest rate to 1% as country’s powerful growth broadens

Loonie jumps more than a cent to over 82 cents US, up 14% from a low of roughly 73 cents in April.

News Manufacturing Business Operations Economy General
July 24, 2017  

Canadian dollar hits 80 cent US mark, continuing recent climb

Loonie hasn’t closed above 80 cents US since June 30, 2015.

News Government Manufacturing Economy General
June 14, 2017  

Low interest rates have done their job: Poloz

Bank of Canada assessing if the low-interest rate stimulus is still required.

News Government Manufacturing Economy General
December 15, 2016  

Fed move unlikely to cause significant boost in Canadian rates, experts say

US interest rate hike signals the Fed is feeling optimistic about the economy.

News Manufacturing General
December 2, 2016  

Higher interest rates could help global economy: Dodge

Would promote price and financial stability under current stagnant growth conditions.

News Energy Government Manufacturing Oil & Gas Economy General Operations Production
July 14, 2016  

Alberta wildfires helped put economy in reverse: Bank of Canada

Central bank estimates the fires shaved 1.1 percentage points from second-quarter growth.

News Government Manufacturing Economy General
March 9, 2016  

BoC holds key interest rate as Ottawa preps for fiscal boost

Decision comes as the federal government claims its budget will include big-ticket spending to give the economy a boost.

News Government Manufacturing Economy General
February 9, 2016  

Interest rate shouldn’t be seen as main tool for financial stability

Central bank suggests curbing debt and fiscal stimulus are tools that should be used alongside monetary policy.

News Government Manufacturing Economy General
January 14, 2016  

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.

News Government Manufacturing Transportation Economy General Production
January 4, 2016  

Slumping loonie could add $3.5B to cost of Windsor-Detroit bridge

Estimate includes $1.5 billion in a contingency fund to handle any interest rate increases if the loonie declines further.

Insight Government Manufacturing General
September 21, 2015  

Rate cut highlights economic challenges

What are we to make of the Bank of

News Government Manufacturing Economy General
August 25, 2015  

China cuts interest rates for 5th time in 9 months

Central banks hopeful rate cut will spur slowing economy.

News Government Manufacturing Economy General
July 15, 2015  

Big banks may not follow on central bank rate cut

Reluctance could anger borrowers.

News Government Manufacturing Economy General
July 14, 2015  

Canadians won’t borrow more if Bank of Canada cuts rate: CIBC

Poll says most would use a rate cut as an opportunity to accelerate debt repayment.

News Government Manufacturing Economy General
March 4, 2015  

Bank of Canada stands pat, keeps interest rate at 0.75%

Central bank expects bulk of oil slump’s negative effects to strike Canadian economy in the first half of this year.

News Government Manufacturing Economy General
February 25, 2015  

Bank of Canada’s Poloz says impact of oil drop still unclear

Analysts change their tune on central bank rate cut expected Mar. 4.