Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023
The Bank of Canada is once again holding its key interest rate steady at 4.5 per cent but isn’t ruling out the possibility of more
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Bank of Canada
BoC expected to hold interest rate this week, even as economy keeps some steam
The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite other data suggesting the
BoC surveys show businesses, consumers gear up for slowdown as economy softens
Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they’re also adjusting
$491B federal budget invests heavily in green economic transformation
The 2023 federal budget promises “transformative investments” in Canada’s green economy as the country tries to maintain its place in the global clean tech revolution
Inflation in Canada continues to slow, reaffirming BOC’s rate pause
Statistics Canada said Tuesday its consumer price index in February was up 5.2 per cent compared with a year earlier.
Freeland meets with bank regulator head, BoC following U.S. bank collapse
Finance Minister Chrystia Freeland is assuring that Canada’s financial institutions are secure after meeting with the head of Canada’s bank regulator and the Bank of
Canada’s 2023 federal budget coming March 28: Finance Minister Chrystia Freeland
The Canadian economy is expected to slow significantly this year and potentially enter a recession as high interest rates squeeze the budgets for individuals and
Canadian economy added 22,000 jobs last month, unemployment held steady
Employment in Canada rose slightly last month after January’s jobs report raised eyebrows among economists anticipating a slowdown in the labour market this year.
Bank of Canada holds key rate for first time in a year, leaves door open to hikes
The central bank said Wednesday that it has decided to hold its key rate at 4.5 per cent based on its assessment of recent economic
BoC expected to hold interest rate next week, one year after aggressive cycle began
One year after the Bank of Canada’s aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding
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