Bank Of Canada Inflation

• Bank of Canada reports historic first loss of $522M in third quarter

  The Bank of Canada's aggressive interest rate hikes this year have raised the cost of interest charges it pays on settlement balances deposited in the accounts of big banks.

  Economy

  Nov 29, 2022
  
• Will Trudeau’s $4.5B affordability plan help you? Here’s what to know

  Prime Minister Justin Trudeau unveiled a plan to spend $4.5 billion, with $3.1 billion of that new spending promises, to help Canadians cope with the cost of living.

  Canada

  Sep 13, 2022
  
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• Taming inflation will send shockwaves across the globe: analysis

  Central banks spent decades building their credibility on inflation-fighting skills and losing this battle could shake the foundations of modern monetary policy.

  Money

  Aug 29, 2022
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• Bank of Canada faces rare political heat as inflation soars

  The Bank of Canada is now being forced to play catch-up, hiking interest rates more aggressively than originally expected just as household debt levels hit new highs.

  Economy

  Jun 23, 2022
• Rampant inflation means Bank of Canada must raise rates above 3%: economist

  Predictions by two major Canadian banks ahead of the May update in the coming days suggest inflation will have increased again to 7.4 per cent.

  Canada

  Jun 19, 2022
• ‘Perfect storm’ fueling inflation but ‘this is not the 1970s’: Bank of Canada deputy

  Inflation is at a multi-decade high, but the situation is different than the 1970s, a senior Bank of Canada official said Thursday.

  Economy

  May 12, 2022
• Ahead of Budget 2022, Liberals eye more spending as inflation fears grow

  Fresh budget spending could be risky at a time when inflation is already running at a 30-year high, say experts ahead of the federal budget.

  Canada

  Apr 5, 2022
• Will the Bank of Canada hike interest rates next week? More investors saying yes

  Money market data shows the chances of the Bank of Canada announcing a rate hike on Jan. 26 have increased to nearly 70 per cent.

  Economy

  Jan 18, 2022
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• Bank of Canada likely to change interest rate guidance amid Omicron threat: analysts

  While the spread of Omicron could undermine growth, it could also reduce slack in Canada's economy more quickly by dialing back the speed at which it can grow, analysts said.

  Economy

  Dec 17, 2021
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• Wage inflation is coming – and could complicate things for the Bank of Canada

  Wage growth could turn into a big problem for the Bank of Canada, which is already grappling with inflation that is near a two-decade high, economists say.

  Economy

  Oct 28, 2021