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News Manufacturing Minerals Oil & Gas Economy
October 31, 2018  

Statistics Canada reports GDP up 0.1% in August boosted by oil and gas subsector

Helping drive the growth was the mining, quarrying and oil and gas extraction sector which rose 0.9 per cent.

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 Manufacturing Business Operations General Operations Production
March 29, 2017  

Costs of protectionism ‘steep,’ Bank of Canada’s Poloz says

Central bank governor notes periods in which Canada turned inwards that have rarely led to success.

News Government Manufacturing Business Operations Economy General
September 26, 2016  

Trade liberalization making life difficult for central bankers: Poloz

Can impact economic models and decision-making processes, BoC governor says.

News Government Manufacturing Business Operations Economy General
September 21, 2016  

Poloz supports CPP expansion to help future retirees

As stubbornly low interest rates persist, BoC governor thinks it’s time for Canadians to revisit their retirement plans.

News Government Manufacturing Economy General
September 7, 2016  

Central bank raises economic concerns, holds interest rate at 0.5%

Concern follows news that the economy contracted at an annual pace of 1.6% in Q2.

News Government Manufacturing Economy General
April 26, 2016  

No need to fret over global trade growth weakness: Poloz

Slowdown likely a result of the fact that big opportunities to boost global trade have already been largely exploited.

News Manufacturing Economy General
February 24, 2016  

Bank of Canada names Sylvain Leduc new deputy governor

Leduc will join the governing council, which is responsible for monetary policy and financial system stability decisions.

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 Economy General
January 7, 2016  

Canada must let forces behind low dollar, oil prices play out: Poloz

Central bank governor said there is no simple policy response to fix the problem.

News Government Manufacturing Economy General
October 13, 2015  

Slashed interest rates are saving economy long term: Poloz

Central bank governor admits lower rates put risks on household debt levels, but set the overall economy to recover more quickly.

News Government Manufacturing Economy General
July 27, 2015  

Oliver ‘overstepped’ by wading into central bank’s domain

Finance minister’s comments prompt concerns about whether the territorial line between the government and the central bank has been blurred.

News Government Manufacturing Economy General
July 23, 2015  

A look at the economic stimulus known as quantitative easing

Finance minister Joe Oliver says the measure is off the table, but the decision to implement it rests with Bank of Canada governor Stephen Poloz.

News Government Manufacturing Economy General
July 15, 2015  

Bank of Canada cuts rate to 0.5%, slashes economic outlook

Central bank blames rate cut on a drop in energy investment plans and weaker-than-expected exports.