Canada’s inflation up 2% in April, as carbon tax helps push gas prices higher
Inflation is in line with the Bank of Canada’s target, which lowers the chance of another interest rate move in the near term, economists said. Continue reading
Canada monetary policy
Bank of Canada holds key interest rate at 1.75%, downgrades economic forecast
In its announcement today, the central bank removed any mention of a need for future interest rate increases. Continue reading
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. Continue reading