Bank Of Interest Rates


There Is No Housing Bubble: Poloz

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 was nearing a tipping point toward normal growth f...

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...
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What Top Banker Sees For 2013

OTTAWA - The Bank of Canada is hinting it will need to keep interest rates at super-low levels for a while longer, saying stronger economic growth isn't in the cards for the country until next year.As...

Before Buying a House, Do the Math

Indeed, if we look at the spread between term mortgage rates and comparable government bond yields, it has widened since last year. In other words, banks are less willing to pass along the borrowing cost savings to homeowners that they themselves are enjoying in the wholesale market.

Bank Of Canada Keeps Interest Rates Low

(The Canadian Press) -- OTTAWA - The Bank of Canada is keeping interest rates at super-low levels and giving few hints when it might start raising them again. For the sixth straight announcement date,...