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
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.
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.
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.
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.
Bank of Canada raises rate, signals future hikes could arrive sooner
The rate is now higher than it’s been in about a decade.
US Fed raises rates for 3rd time this year with 1 more expected
Fed may be signalling its resolve to keep raising rates.
Net worth rising but higher debt stings Canadian consumers: analysis
Household debt has been identified as key vulnerability.
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.
Bank of Canada raises rate, predicts economic resilience despite trade risks
The rate hasn’t been this high since December 2008.
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.
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.
Bank of Canada keeps key interest rate target on hold at 1.25%
Next scheduled rate decision set for July 11.
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.
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.”
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.
Canadian dollar hits 80 cent US mark, continuing recent climb
Loonie hasn’t closed above 80 cents US since June 30, 2015.
Low interest rates have done their job: Poloz
Bank of Canada assessing if the low-interest rate stimulus is still required.
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.
Higher interest rates could help global economy: Dodge
Would promote price and financial stability under current stagnant growth conditions.
Alberta wildfires helped put economy in reverse: Bank of Canada
Central bank estimates the fires shaved 1.1 percentage points from second-quarter growth.
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.
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.
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.
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.
Rate cut highlights economic challenges
What are we to make of the Bank of…
China cuts interest rates for 5th time in 9 months
Central banks hopeful rate cut will spur slowing economy.
Big banks may not follow on central bank rate cut
Reluctance could anger borrowers.
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.
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.
Bank of Canada’s Poloz says impact of oil drop still unclear
Analysts change their tune on central bank rate cut expected Mar. 4.
