Global economy at stage where stimulus can be ‘steadily withdrawn’: Poloz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%.
Feds monitoring weak economy: Morneau
Liberals could take action this fall.
RBC cites low oil prices in lowering GDP forecast to 1.7%
Growth rooted by solid consumer spending, stronger exports and stimulus from the federal government.
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.
G20 finance VIPs urge action on job-creating reforms
Many of the 800 commitments made in 2014 have yet to be carried out.
Trudeau promotes spending to boost economy
PM says boosting growth-generating projects such as infrastructure would ease Canada’s economic woes.
Low rates still needed, Bank of Canada senior deputy governor says
Carolyn Wilkins says “some degree of stimulus” will be needed to keep inflation on target.
OECD cuts economic growth forecast for eurozone
Think tank says more stimulus is needed.
Ottawa must cap ‘reckless’ spending: finance minister
Unemployment and weak export prices remain a problem, but Oliver says the government won’t be opening its wallet.
Fraser Institute pans extended government stimulus
Deficits and debt the result of spending beyond the recession.
US stimulus exit to hit loonie, lift interest rates, but that’s good for Canada
A stronger US economy and a weaker loonie will support commodity prices and boost demand for Canadian exports.
China’s inflation falls, boosts fire-power against economic slowdown
Lower inflation clears the way for the country to cut interest rates and boost spending.
China cuts interest rate to boost slowing economy
Central Bank cuts interest rate by 0.31 percentage points to 6%.
More stimulus ahead as Conservatives falter on book-balancing act
Will this economic reversal hurt Harper’s political capital?