Carney lauds Alberta plan linking resources with climate
Former Bank of Canada governor says climate and resources must go hand in hand.
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.
Time to heal business confidence, consumers have done their part: Poloz
New Bank of Canada governor says missing US link is now coming in.
Carney leaving Bank of Canada with country in a stronger position
But, he says Canada is less well-oriented to the sources of global growth; must focus on exports, business investment.
Bank of Canada adds new deputy governor
Lawrence Schrembri joins Tiff Macklem, Mark Carney on BoC’s governing council.
Canada moving toward a better mix of growth: Carney
BoC governor says economy needs to move towards business investment and export growth.
Canada vulnerable to currency manipulation: Carney
BoC governor says manipulating the loonie would work only in the short term.
Bank of Canada overestimated growth; interest rates stay low
Central Bank says Canada will have to earn its success by boosting exports and through investments by the corporate sector.
Bank of Canada expected to paint economy in darker hues
Canada’s banks say Mark Carney has some explaining to do.
Carney says “fiscal cliff” imminent threat
Potential fallout from political gridlock is a great risk to the domestic economy.
Flaherty, Carney ready for action if recession strikes
Canada’s financial policy-makers will come to the rescue if financial crisis in the US triggers recessions.
BoC optimistic about rate hike
Governor Carney keeps current rate at 1%, but says rates will need to rise eventually.
Carney mum on rate hike
Bank of Canada governor says raising interest rates to fight inflation is a hypothetical issue.
Expect continued low interest rates as global economy ties Carney’s hands
Private sector economists suggests Canada’s low interest rates are here to stay.
Carney tells CAW there’s more to export woes than a strong loonie
Banking chief cites labour costs and productivity as the othrer major impediments to trade.
Carney says Europe is making strides towards steady bank system
Financial reforms will be combined with bold steps in Europe, according to Bank of Canada’s main man.
Pumping oil around the world won’t suffice: Carney
Bank of Canada governor says placing all of Canada’s eggs in one, oily, basket, won’t be enough to better its sluggish export performance.