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Bank of Canada Debt

A Double-Dip Recession?

CP | Aly Thomson, The Canadian Press | Posted 08.21.2012 | Canada Business

HALIFAX - Canada's relatively healthy economy has been largely based on borrowed money but the situation cannot go on indefinitely, Bank of Canada gov...

Don't Get Too Comfortable -- Higher Rates Are on the Way

Andrew Pyle | Posted 06.20.2012 | Canada
Andrew Pyle

While this week's Bank of Canada policy meeting may not have reinforced the "put down the credit card!" message, it did reinforce the guidance that interest rates are going to start heading higher regardless. There are two main caveats to the Bank's revised outlook.

The Buck Stops With Him

CP | Julian Beltrame, The Canadian Press | Posted 06.05.2012 | Canada

OTTAWA - Mark Carney has a dilemma: He views record high household debt the number one domestic risk to the economy, but believes he would hurt the re...