This could very well put the Bank on pause for next month’s scheduled rate announcement, but does not negate a further rate increase before the end of the year. Continue reading
In a speech in Saskatoon, Bank of Canada deputy governor Timothy Lane said international trade is key to Canada’s economic growth potential. Continue reading
Saskatchewan residents carry the second highest amount of consumer debt, so what does an interest rate increase me for future payments? Continue reading
The move raises borrowing costs for Canadians on anything from mortgages to lines of credit. Continue reading
Strong economic growth could prompt a second hike sooner than expected, some economists say. Continue reading
The strong economy makes another interest rate increase in the fall increasingly likely, economists say. Continue reading
Statistics Canada’s latest inflation number was up from one per cent in June – which had represented the data point’s lowest mark in almost two years. Continue reading
The benchmark rate has been hiked twice already and indications after the June meeting were that there would be one more, but this is now questionable. Continue reading
Canada has had “very nice steady job growth,” according to one market analyst. Continue reading
Rebounding activity in the energy sector helped propel GDP growth far above expectations. Continue reading
