Bank Of Canada Interest Rates

• Doug Ford calls for end to Bank of Canada interest rate hikes

  In a letter sent to the governor of the Bank of Canada, Ontario Premier Doug Ford echoed the words of B.C.'s premier and called on the central bank to halt interest rate increases.

  Economy

  Sep 4, 2023
  
• No further rate hikes expected in 2023, Bank of Canada survey suggests

  The Bank of Canada won't raise rates again this year, according to a survey of market participants released by the central bank on Monday.

  Economy

  Jul 24, 2023
  
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• More Bank of Canada rate hikes ‘risk tilting the economy into a recession’: analysts

  The central bank lifted its benchmark rate to a 22-year high of 4.75 per cent this month and is expected to tighten further in July or September.

  Economy

  Jun 29, 2023
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• Ottawa’s 2023 budget will be closely watched by the Bank of Canada. Why?

  The Bank of Canada published a summary Wednesday on the governing council's deliberations ahead of its decision to hold its key interest rate steady on March 8.

  Economy

  Mar 22, 2023
• Canadians hope patience will pay off as home prices dip: ‘It just takes time’

  The Toronto Regional Real Estate Board said Thursday that the average price sat at $1,051,216 in December, a 9.2 per cent fall from a year ago.

  Consumer

  Jan 8, 2023
• Majority of Canadians fearful about feeding their families as economic anxiety grows: poll

  The Ipsos poll conducted exclusively for Global News found 53 per cent of those surveyed were fearful about having enough food on the table, up nine points from just a month ago.

  Money

  Dec 7, 2022
• Interest rates, inflation drive ‘very, very challenging’ global economic outlook: OECD

  High interest rates and punishing inflation means the world economy will eke out only modest growth this year and to expand even more tepidly in 2023, according to the OECD.

  Economy

  Nov 22, 2022
• Tiff Macklem to make speech following Bank of Canada interest rate hike

  Wednesday's rate hike signaled the bank was moving quicker to clamp down on soaring inflation, which reached a nearly 40-year-high of 7.7 per cent in May.

  Canada

  Jul 14, 2022
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• Ukraine war driving near-term inflation higher, Bank of Canada deputy says

  Deputy Bank of Canada governor Sharon Kozicki said inflation in the near term is expected to be higher than the central bank projected in January.

  Economy

  Mar 25, 2022
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• Businesses need to boost productivity, investment to curb inflation: BoC governor

  With higher interest rates on the way for Canada, businesses should be prepared to increase productivity and invest more to help deal with the surge.

  Economy

  Feb 9, 2022