Earnings from Royal Bank of Canada, a speech from the Bank of Canada governor and a looming deadline on the Trans Mountain Pipeline are all due this week
Bank of Canada
Ottawa’s annual inflation rate jumped to 2.5 per cent in December, one of the highest rates of any major Canadian city, Statistics Canada said Friday
The Bank of Canada left its trend-setting interest rate unchanged at 1.75 per cent Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months
Ottawa’s annual pace of inflation again surpassed the rest of the country in November, according to a Statistics Canada report released Wednesday
Thanks to the strengthened economy, the bank has been on a gradual rate-hiking path for more than a year and has already raised the benchmark five times since the summer of 2017
Five stories to keep an eye on across the country this coming week
The pace of economic growth in Canada slowed in the third quarter as business investment spending moved lower and the growth in household spending slowed, Statistics Canada said Friday
Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal
The central bank delivered a quarter-point rate increase for the fifth time since the summer of 2017 to bring the benchmark to 1.75 per cent. The rate is now higher than it's been in about a decade.
The Bank of Canada raised its benchmark interest rate Wednesday in an economy that it predicts will remain resilient even as it faces an even bigger bite from deepening trade tensions.