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BoC Stands Pat

OTTAWA — The Bank of Canada kept its key interest rate on hold at 0.5 per cent on Wednesday and said the country's resource sector continues to adjust to lower prices for oil and other commodities. "T...

A Cause For Concern: BoC

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 economy, while at the same time judging overall risk...

BoC Issues Very Gloomy Forecast

OTTAWA - The Bank of Canada has pointedly dropped its warning about the potential for higher interest rates, triggering a sell-off in Canadian dollars that pushed the loonie almost one cent lower Wedn...

BoC Economists Don't Write Too Good

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 area for improvement," says an audit ordered by the...

Where Does He Stand?

OTTAWA - Newly minted Bank of Canada governor Stephen Poloz will deliver on Wednesday what will undoubtedly be the most-watched statement from the central bank in recent months.Some have been urging t...

BoC Keeps Key Interest Rate At 1%

OTTAWA - The Bank of Canada said Wednesday interest rates will need to stay at super-low levels longer — likely until 2014, say analysts — after conceding it misjudged the strength of the economy and...

Jobs Anyone?

McGuinty's announcement today hits that rising concern right on the mark. Andrea Horwath is in Sudbury promising to try to create jobs in Northern Ontario. Tim Hudak feels out of the swim. Am I missing something? Or is the PC campaign missing the moment?