Bank of Canada

Uh Oh: BoC Lowers Forecast

CP | Julian Beltrame, The Canadian Press | Posted 04.16.2014 | 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...

Latest Economic Outlook Suprisingly Rosy

CP | The Canadian Press | Posted 04.07.2014 | Canada Business

OTTAWA - The latest Bank of Canada survey on business sentiment finds a decidedly more positive outlook, and that may be good news for Canadian worker...

Canada's ‘Too-Big-To-Fail' Problem Worse Than U.S.

The Huffington Post Canada | Daniel Tencer | Posted 04.01.2014 | Canada Business

Even as other countries are working to reduce the problem of “too big to fail” banks, Canada’s financial industry is becoming more concentrated ...

Lowest Loonie In 5 Years

CP | Posted 03.20.2014 | Canada Business

TORONTO - The Canadian dollar continued to fall Thursday as the U.S. currency appreciated after the U.S. Federal Reserve suggested interest rates coul...

Sluggish Economy Is New Normal, Bank Of Canada Says

CP | The Canadian Press | Posted 03.19.2014 | Canada Business

HALIFAX - The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probabl...

Bank Of Canada Worried About Ukraine

CP | Julian Beltrame, The Canadian Press | Posted 03.05.2014 | 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 ...

Every Penny Saved And Forgotten Is A Penny Earned For Ottawa

CP | Steve Rennie, The Canadian Press | Posted 02.26.2014 | Canada Business

OTTAWA - When it comes to balancing the country's books, it's the equivalent of finding loose change under a couch cushion.But each penny surely count...

Sunny Freeman

Loonie's Precipitous Drop Good For Business, Bad For You

HuffingtonPost.com | Sunny Freeman | Posted 01.25.2014 | Canada Business

Canadians can soon expect to pay a lot more for everyday items from t-shirts to toothpaste as the sinking loonie hits household goods prices hardest. ...

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...

Chris Hadfield's Secret, Space-Travelling $5 Bill

CBC | Posted 03.15.2014 | Canada Business

What does it take to hold a "surprise" public relations event from space? Well, astronaut Chris Hadfield’s live video appearance from sp...

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...

Canada Risks Falling Into 'Deflationary Trap': BoC

CP | Ross Marowits, The Canadian Press | Posted 02.11.2014 | Canada Business

OTTAWA - Bank of Canada governor Stephen Poloz says he needs to keep interest rates at historically low levels to head off the risk of a deflationary ...

A Cause For Concern: BoC

CP | Julian Beltrame, The Canadian Press | Posted 02.09.2014 | Canada Business

OTTAWA - The Bank of Canada is again flagging Canada's overheated housing market and sky-high household debt as the biggest domestic threats to the ec...

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 ...

Bank Of Canada Keeping It Steady?

CP | Terry Pedwell, The Canadian Press | Posted 02.02.2014 | Canada Business

OTTAWA - The Bank of Canada is not expected to move interest rates higher or lower today when it announces its trend-setting rate.But economists say c...

The Harper Government's New Plan

CP | Julian Beltrame and Mike Blanchfield, The Canadian Press | Posted 01.27.2014 | Canada Politics

OTTAWA - The Harper government says it wants Canadian diplomats in foreign countries to re-channel their energies and resources into advancing the cou...

Give Canada-U.S. Price Gap Problem Time: BoC

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

OTTAWA - The Bank of Canada is weighing in on the problem of the Canada-U.S. retail price gap, suggesting the vexing phenomenon may not be as persiste...

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 ...

Say Hello To These

CP | Sidhartha Banerjee, The Canadian Press | Posted 01.23.2014 | Canada Business

LONGUEUIL, Que. - The last of Canada's polymer bills were put into circulation by the Bank of Canada on Thursday, with the transition to the plastic c...

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...

BoC Economists Don't Write Too Good

CP | Dean Beeby, The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - An internal report card says the Bank of Canada's economists don't write too good."Economists' writing skills were identified by many as an a...

They're Not Investing

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

OTTAWA - Canadian firms are turning progressively gloomier about the slow pace of the world's economy and say they want to see signs of progress befor...

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...

Bank Of Canada: Uh Oh..

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

OTTAWA - The Bank of Canada has lowered its forecasts for economic growth in the second half of 2013 and possibly for next year, citing a more prudent...

There Is No Housing Bubble: Poloz

CP | Dene Moore, The Canadian Press | Posted 11.18.2013 | Canada Business

VANCOUVER - The head of the Bank of Canada gently urged businesses to ease open the purse strings and start spending Wednesday as he said the economy ...