Canada Central Bank

• Ukraine war may slow, but won’t stop, Bank of Canada interest rate hikes: experts

  Uncertainty around the length and economic impact of Russia's war in Ukraine won't halt an interest rate hike on Wednesday but could slow future increases, experts say.

  Economy

  Mar 1, 2022
  
• Bank of Canada keeps key rate at 0.25%, sees 7.8% GDP drop this year

  Canada's central bank said its forecasts could be thrown off significantly if there is a second wave of novel coronavirus pandemic.

  Money

  Jul 15, 2020
  
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• Bank of Canada governor Stephen Poloz to step down in 2020

  The central banks said its board of directors has begun the search for his successor.

  Money

  Dec 6, 2019
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• Bank of Canada’s Poloz: There are ‘good reasons’ to encourage mortgage terms longer than 5 years

  Fewer loans being renewed every year could be beneficial to both homeowners and the broader financial system, the central bank governor said.

  Money

  May 6, 2019
• Bank of Canada keeps key interest rate steady at 1.25% but eyes future hikes

  Despite uncertainty about U.S. trade policy, Canada's central bank is still thinking of raising rates in a not-so-distant future.

  Money

  Mar 7, 2018
• Bank of Canada boss warns more surprises could be ahead for interest rates

  In a speech today, governor Stephen Poloz says many unknowns and external risks remain, even though the economy had a surprisingly powerful start to the year.

  Money

  Sep 27, 2017
• Bank of Canada raises interest rate to 1% – and that’s not the end of it, economists say

  The move raises borrowing costs for Canadians on anything from mortgages to lines of credit.

  Money

  Sep 6, 2017
• Bank of Canada could raise interest rates again tomorrow

  Strong economic growth could prompt a second hike sooner than expected, some economists say.

  Money

  Sep 5, 2017