Bank of Canada

Economy Shrank In Second Quarter, Bank Of Canada Says

CP | The Canadian Press | Posted 07.13.2016 | Canada Business

Bank leaves key lending rate unchanged.

Canadian Economy Largely Immune From Negative Effects Of Brexit

Yves Guillaume A. Messy | Posted 07.06.2016 | Canada Business
Yves Guillaume A. Messy

In a world of financial and economic inter-connectedness it would be foolish to suggest that there won't be any knock-on effects from the hitherto number four largest economy worldwide in its political convulsions, but from this particular writer's standpoint, Canada's economy is sailing safely going forward.

1 Sign That Canada Still Hasn't Recovered From Oil Price Shock

CP | Andy Blatchford | Posted 07.04.2016 | Canada Business

"We're not out of the woods yet."

New City-Specific Housing Policies Could Hit Canada's Hottest Markets

YPNextHome | Posted 07.04.2016 | Canada Business
YPNextHome

When Canadians return from celebrating the Canada Day long weekend, they can expect early July to be hot with discussion of potential changes in mortgage regulations and housing policy. Again. Only this time, the changes could have some real teeth to them.

Brexit Is ‘Kryptonite For The Canadian Dollar'

The Huffington Post Canada | Daniel Tencer | Posted 06.29.2016 | Canada Business

But it could be good news for mortgage borrowers.

Canadians Have 'Right To Be Optimistic' About Economy: BoC

CP | Andy Blatchford | Posted 06.15.2016 | Canada Business

"There's a resilience and flexibility among Canadians that gives me confidence..."

Don't Let Real Estate FOMO Set You Up For An Ugly Bankruptcy

Douglas Hoyes | Posted 06.15.2016 | Canada Business
Douglas Hoyes

Real estate agents can talk about the upside of buying right now, but they don't explain the downside of carrying massive debt. Yes, you may build some equity if you purchase a home, but if you've mortgaged 90 per cent of it, very little of your payments in your first five to 10 years will go towards repaying principal.

Bank Of Canada Issues Harshest Warning Yet On House Prices

CP | The Canadian Press | Posted 06.09.2016 | Canada Business

The BoC is starting to sound really worried.

Bank Of Canada Says Wildfires Did A Number On Economy

CP | Craig Wong, The Canadian Press | Posted 05.25.2016 | Canada Business

But a big rebound is expected for later this year.

Liberals' Deficit Won't Be As Big As They Say: PBO

CP | Andy Blatchford, The Canadian Press | Posted 04.19.2016 | Canada Business

The PBO is more optimistic about economic growth than the Liberals.

Poloz Boasts Positives Of Free Trade Amid Anti-Trade Concerns

CP | Alexander Panetta, The Canadian Press | Posted 04.17.2016 | Canada Business

Stephen Poloz will deliver a speech in two weeks in New York on strengthening global trade.

BoC To Leave Key Interest Rate Unchanged

CP | The Canadian Press | Posted 04.13.2016 | Canada Business

The projection for next year has been lowered to 2.3 per cent from 2.4 per cent.

IMF Sees Worse Times Ahead For Canada

CP | David Paddon, The Canadian Press | Posted 04.12.2016 | Canada Business

TORONTO — The International Monetary Fund is lowering its economic growth projections for Canada and the world. Slowing growth in global oil export...

It's Time We Honour Indigenous Women On Canada's Currency

Ranjani Iyer Mohanty | Posted 04.07.2016 | Canada Politics
Ranjani Iyer Mohanty

Justin Trudeau announced on International Women's Day that a Canadian woman will appear on the next series of bank notes expected in 2018. And the Bank of Canada is now inviting nominations as to who should appear on the bill. This is our chance to have a say and perhaps at the same time make a statement.

BoC Names Panel To Help Choose Woman For Banknote

CP | The Canadian Press | Posted 04.05.2016 | Canada Business

A number of academics will help the government choose a women for Canada's currency.

‘Oil-Shocked' Canada Is Beating The U.S. Hands Down: CIBC

The Huffington Post Canada | Daniel Tencer | Posted 04.04.2016 | Canada Business

“Some are questioning whether Canada really needed that fiscal stimulus after all.”

Falling Loonie Is Boosting Canadian Businesses, BoC Says

CP | The Canadian Press | Posted 04.01.2016 | Canada Business

But energy firms still see dark clouds on the horizon.

Oil Crash Cost $1,800 In Income For Every Canadian: BoC

The Huffington Post Canada | Daniel Tencer | Posted 03.30.2016 | Canada Business

It will take a few more years for Canada's economy to rebalance from the oil price shock.

Financial Vulnerabilities Creeping Higher, BoC Says

CP | Andy Blatchford, The Canadian Press | Posted 03.09.2016 | Canada Business

Leaves key lending rate unchanged at 0.5 per cent.

BoC Warns About Email, Social Media Scams

CP | The Canadian Press | Posted 03.01.2016 | Canada Business

>Canada's central bank says the scams are using its logos and letterhead without authorization and misrepresenting it.

Indebted Canadians A Key Weak Spot, Bank Of Canada Says

CP | The Canadian Press | Posted 02.24.2016 | Canada Business

Bank says stimulus spending better than interest rate cuts to grow economy.

Half Of Canadians Are $200 A Month From Insolvency

CP | The Canadian Press | Posted 02.16.2016 | Canada Business

One-quarter of poll respondents already can't cover their bills.

BoC Report Shows We Live In A Whole New Canada

The Huffington Post Canada | Daniel Tencer | Posted 01.22.2016 | Canada Business

It's as if we're living in two different countries.

Bank Of Canada 'Living In Parallel Universe'

The Huffington Post Canada | Daniel Tencer | Posted 01.21.2016 | Canada Business

The Bank of Canada kept its key interest rate at 0.5 per cent Wednesday, likely a relief to a growing number of experts who said cutting rates would s...

Bank Of Canada Rate Cut Risks 'Consumer Shock,' Economists Warn

The Huffington Post Canada | Daniel Tencer | Posted 01.18.2016 | Canada Business

Neither a rate cut nor a rate hike are likely to give the BoC the results it's looking for.