BOC
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Southern Alberta real estate and business communities worried about interest hikeSouthern Albertans will have to drill deeper into their wallets after the Bank of Canada announced another interest rate hike Wednesday morning.CanadaJun 7, 2023
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Economists cry foul over Bank of Canada revisions to key inflation gaugeThe Bank of Canada's revisions to one of its core metrics to track underlying inflation have sent a "misleading signal" to policymakers, BMO's chief economist argues.EconomyOct 4, 2022
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Bank of Canada to release interest rate decision amid rising inflationEconomists are expecting the Bank of Canada to hike its key interest rate by another half-percentage point to 1.5 per cent on Wednesday.CanadaJun 1, 2022
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Bank of Canada holds key interest rate at 0.25%, cuts growth forecast for 2021The central bank says it expects the economy to grow 6.0 per cent in 2021, down from its previous forecast of 6.5 per cent.MoneyJul 14, 2021
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Bank of Canada keeps rates steady, sees worst downturn on record amid COVID-19How fast and strong the economic recovery will be depends on containment efforts to bring the pandemic under control, the central bank said.MoneyApr 15, 2020
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Bank of Canada keeps rates at 1.75%, trims 2020 economic forecastThe central bank is projecting growth of just 1.6 per cent this year.MoneyJan 22, 2020
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Bank of Canada governor Stephen Poloz to step down in 2020The central banks said its board of directors has begun the search for his successor.MoneyDec 6, 2019
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2014 oil price crash to blame for Canada’s slow wage growth: Bank of Canada officialA top Bank of Canada official says the lingering effects of the 2014 oil-price crash should take some of the blame for the country's disappointing wage gains - but she argues it's just one of many reasons.CanadaJan 31, 2019
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Bank of Canada keeps interest rate at 1.25%, but economists predict hike in JulyThe tone of the latest interest rate announcement suggests the bank is gearing up for a second interest rate increase this year on July 11.MoneyMay 30, 2018
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Why a rising loonie could mean a shrinking grocery billThe loonie continued to surge Wednesday holding its strongest level in nine months and the result could be good news for consumers.CanadaApr 13, 2016
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