Update: Bank of Canada hikes interest rate to 1% as country’s powerful growth broadens
The Bank of Canada has raised its interest rate for the second time in less than two months in an effort to adjust to the
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Bank of Canada
Update 2: ‘The tide begins to turn,’ as central bank hikes rate for first time in 7 years
The Bank of Canada has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent, its first increase in nearly seven years,
Bank of Canada’s ‘reimagined’ museum aims to make monetary policy fun
The Bank of Canada is embarking on a new mission with its soon-to-be-opened museum to show people just how much fun monetary policy can be.
Central bank points to stronger economy; market sees rate hike drawing closer
The Bank of Canada is encouraged by a broadening of economic strength, which includes gains across 70 per cent of industries, a top official said
Central bank warns of cyberattack vulnerabilities in financial sector
Canada’s interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns.
Rising debt, sizzling housing markets leave Canada more vulnerable: central bank
Canada’s financial system is becoming increasingly exposed to economic shocks as household debt levels continue to climb and major housing markets remain red hot, the
Bank of Canada holds key rate at 0.5%, says uncertainty still clouds growth
Uncertainties continue to obscure the economy’s stronger-than-expected start to the year, the Bank of Canada said Wednesday as it stuck with its trendsetting interest rate
Bank of Canada warns workforce automation could intensify income inequality
A senior Bank of Canada official says while the country’s poised to reap economic benefits from technological progress, it must also brace for potentially painful
Bank of Canada holds rate as it points to stronger growth, persistent risks
The Bank of Canada held its trendsetting interest rate unchanged on Wednesday, despite a recent run of stronger-than-expected data, saying it believes the economy has
Ottawa inflation rate inches up to 1.4% in December
The rate of inflation in Canada’s capital accelerated last month, Statistics Canada reported Friday. The annual inflation rate climbed from 1.2 per cent in November to 1.4
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