Need to improve Canadian productivity has reached emergency level, BoC official says
A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation
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Carolyn Rogers
Canadians should plan for higher interest rates in the long run, BoC’s Rogers says
Bank of Canada senior deputy governor Carolyn Rogers is warning interest rates might not return to the low levels people were used to before the
BoC expected to end year off with one more rate increase, likely to pause hikes soon
Forecasters anticipate the central bank will raise its key interest rate, which is currently at 3.75 per cent, by either a quarter or half a
Inflation relief measures should be well targeted and temporary, says Macklem
The federal government along with provincial governments have responded to high inflation with measures aimed at softening the blow on Canadians’ finances.
Lower economic growth necessary to bring inflation down: BoC senior deputy governor
Bank of Canada senior deputy governor Carolyn Rogers says the journey back to two per cent inflation will take time and a that period of
Inflation skyrockets to highest level in nearly 40 years as gas prices soar
The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when
Banking regulator defends mortgage stress test, open to change when warranted
Canada’s financial regulator hit back at criticisms of its stress test for uninsured mortgages, which has made it harder for borrowers to qualify and weighed
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