News Government Manufacturing Economy General
May 26, 2020  

Economic shock from COVID-19 leading to higher indebtedness: Poloz

Can lead to slower growth, make it more difficult for the central bank to hit its 2% inflation target in the future.

News Manufacturing Economy General
January 10, 2020  

Bank of Canada watching global trade impacts

Looking to see how weakness from manufacturing may spread to services, employment, consumer spending or housing.

News Manufacturing Economy General
July 11, 2019  

Poloz in no rush to move interest rate, warns of trade threats

Target at 1.75% for a sixth-straight meeting as the country bounces back from a weak stretch.

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 Manufacturing Economy
November 5, 2018  

Global economy at stage where stimulus can be ‘steadily withdrawn’: Poloz

Bank of Canada signals it will gradually raise benchmark interest rate from its current level of 1.75% to between 2.5% and 3.5%.

News Manufacturing Economy General Technology
August 27, 2018  

Digitization poised to disrupt central banking, too: Poloz

Effect he believes could have implications for inflation outlooks and even interest-rate decisions.

News Manufacturing Economy General
May 23, 2018  

Annual inflation cools to 2.2%, just above Bank of Canada midpoint

Statistics Canada says core measure above 2% for first time in six years.

News Manufacturing General
April 23, 2018  

Inflation just over 2% for the whole year: It’s fine, says Poloz

What really matters is that inflation averages out over a multi-year period around that benchmark.

News Manufacturing Economy General
April 9, 2018  

Firms still positive about future, but some see moderation ahead: Bank of Canada

They anticipate sales the faster over the next 12 months, stronger overall from increasing US demand.