Bank of Canada Interest Rate

Sliding Oil Prices, Household Debt Top Bank Of Canada's Worries

CP | Andy Blatchford, The Canadian Press | Posted 12.03.2014 | Canada Business

OTTAWA - Bank of Canada governor Stephen Poloz is keeping the trend-setting interest rate at one per cent, even as Canada's recent economic performanc...

We Still Needs Economic Stimulus: BoC

CP | The Canadian Press | Posted 11.22.2014 | Canada Business

TORONTO - Canada's struggling economy still needs the extra boost of monetary stimulus to help keep the recovery on track, says Bank of Canada senior ...

Recovery Not Yet Good Enough To Really Create Jobs: BoC

CP | Steve Rennie, The Canadian Press | Posted 11.03.2014 | Canada Business

OTTAWA - The Bank of Canada held its trend-setting interest rate at one per cent on Wednesday as it said there needs to be continued growth in Canada'...

Bank Of Canada Hints At Major Change On Interest Rate Policy

The Huffington Post Canada | Sunny Freeman | Posted 07.17.2014 | Canada Business

Bank of Canada governor Stephen Poloz says low interest rates may become the “new normal” as Canadians have taken on so much debt that any rate sp...

Bank Of Canada: Economy Not Doing As Well As Expected

CP | Julian Beltrame, The Canadian Press | Posted 09.15.2014 | Canada Business

OTTAWA - Bank of Canada governor Stephen Poloz says the economy is still not strong enough to stand on its own and will likely need the boost from sup...

BoC Fears 'Downside Risks'

CP | Julian Beltrame, The Canadian Press | Posted 08.04.2014 | Canada Business

OTTAWA - The Bank of Canada is keeping its trend-setting interest rate at one per cent, saying economic conditions had worsened somewhat in the past f...

Uh Oh: BoC Lowers Forecast

CP | Julian Beltrame, The Canadian Press | Posted 06.16.2014 | Canada Business

OTTAWA - Bank of Canada governor Stephen Poloz says he has not ruled out a future cut to interest rates despite evidence disinflationary pressures app...

Bank Of Canada Worried About Ukraine

CP | Julian Beltrame, The Canadian Press | Posted 05.05.2014 | Canada Business

OTTAWA - Bank of Canada is keeping its low-interest rate policy in place for a while longer, signalling Wednesday that it remains to be convinced the ...

Loonie Dives On Bank Of Canada Announcement

CP | Posted 01.25.2014 | Canada Business

UPDATE: The Canadian dollar pulled back nearly a full cent after the Bank of Canada's decision to keep its key interest rate steady while lowering its...

Get Ready For Rising Interest Rates

CP | The Canadian Press | Posted 03.10.2014 | Canada Business

TORONTO - Bank of Canada governor Stephen Poloz has cited "underperforming" inflation and a slow rebound in exports among his major concerns for the e...

Economy Weaker Than It Appears: BoC

CP | Julian Beltrame, The Canadian Press | Posted 02.03.2014 | Canada Business

OTTAWA - The Bank of Canada says it sees some encouraging signs in the Canadian and global economies, but warned inflation remains too low to justify ...

Watch Out, Homeowners: Rate Hikes Coming, OECD Says

CP | Julian Beltrame, The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - The Bank of Canada may need to start hiking its trendsetting interest rate within the next year and steadily push it to 2.25 per cent by the ...

BoC Issues Very Gloomy Forecast

CP | Julian Beltrame, The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - The Bank of Canada has pointedly dropped its warning about the potential for higher interest rates, triggering a sell-off in Canadian dollars...

Good News About Interest Rates

CP | The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - The Bank of Canada won't pronounce on interests rates until later this month, but Scotiabank economists are jumping the gun in speculating Ca...

No Movement, And Don't Expect Any

CP | Steve Rennie, The Canadian Press | Posted 11.04.2013 | Canada Business

OTTAWA - The Bank of Canada is holding its main interest rate at one per cent, where it has been since September 2010.Economists widely expect the cen...

Hold It Steady

CBC | Posted 09.16.2013 | Canada Business

The Bank of Canada opted to keep its benchmark interest rate steady at one per cent on Wednesday, the same level it's been at for almost three ye...

Bank Of Canada's New Governor Is No Mark Carney

Daniel Tencer | Posted 08.19.2013 | Canada Business
Daniel Tencer

Canada's new top central banker is no Mark Carney. That became clear on Wednesday, when Stephen Poloz, lauded the Canadian consumer for carrying the country through the global economic crisis of recent years. His comments so far suggest he isn't too worried about Canada's burgeoning consumer debt burden -- and that's a problem.

Raise Rates Now Or Risk Economic Crisis, Canada Told

CP | Julian Beltrame, The Canadian Press | Posted 07.15.2013 | Canada Business

OTTAWA - Incoming Bank of Canada governor Stephen Poloz is already getting advice on what to do once he takes charge next month — start hiking inter...

Bad News, Canada

CP | Julian Beltrame, The Canadian Press | Posted 06.17.2013 | Canada Business

OTTAWA - The Bank of Canada sharply downgraded its expectations Wednesday on economic growth for the first half of this year, but held the line on off...

Suddenly, Not So Worried About Debt

CP | Julian Beltrame, The Canadian Press | Posted 05.06.2013 | Canada Business

OTTAWA - The Bank of Canada is hinting it is less concerned about household debt levels, making it possible to keep attractive interest rates in place...

Batten Down Your Mortgage, Rate Hikes Coming: RBC

CP | The Canadian Press | Posted 03.12.2013 | Canada Business

TORONTO - An improvement in the U.S. economy this year would be a boon for Canada — and that could push the central bank to raise interest rates bef...

IMF To Canada: Whatever You Do, Don't Raise Interest Rates

CP | Julian Beltrame, The Canadian Press | Posted 02.18.2013 | Canada Business

OTTAWA - The International Monetary Fund is telling the Bank of Canada to hold off on interest rate hikes until the economy improves, and not to disco...

We Might Be Hurting The Economy, Bank Of Canada Admits

CP | Julian Beltrame, The Canadian Press | Posted 02.05.2013 | Canada Business

OTTAWA - The Bank of Canada is warning that its own low interest policies and those of central banks around the world are adding another layer of risk...

Will New BoC Governor Shake It Up?

CBC | Posted 05.02.2013 | Canada Business

Mark Carney's successor as governor of the Bank of Canada is not expected to implement a radical change in interest rate policy and most likely will h...

Bank Of Canada Holds Rates Steady

CP | Julian Beltrame, The Canadian Press | Posted 12.23.2012 | Canada Business

OTTAWA - The Bank of Canada kept its trendsetting policy interest rate at one per cent for the 17th consecutive time Tuesday, but signalled that it's ...