Canadian Dollar

• Why the U.S. Fed rate hold is good news for the loonie — and the Bank of Canada

  The U.S. Federal Reserve held interest rates steady on Wednesday. With the Bank of Canada hiking again, here's what that could mean for inflation and rates north of the border.

  Economy

  Jun 14
  
• Canada has the highest household debt level in G7, housing agency warns

  Canada's housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis.

  Money

  May 23
  
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• Bank of Canada won’t follow U.S. Fed on rates despite inflation risks: official

  A senior official at the Bank of Canada says the central bank will tailor its interest rate decisions to the domestic context, not what happens beyond Canadian borders.

  Money

  Mar 9
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• Canadian dollar’s outlook uncertain amid recession concerns, analysts say

  The Canadian dollar recently rose to its highest level in more than two months against the U.S. dollar, which gained strength Friday after a stronger-than-expected jobs report.

  Money

  Feb 6
• Loonie forecasts cut as Bank of Canada trails U.S. Fed on peak-rate bets: poll

  The Bank of Canada increased its benchmark interest rate last week by half a percentage point to 3.75 per cent, coming up short on calls for another 75 basis points move.

  Canada

  Nov 2, 2022
• As IMF warns of economic slowdown, Canada’s labour market could be critical buffer

  There are silver linings in Canada to the "dire warnings" from the International Monetary Fund about a global economic slowdown, economists argue.

  Economy

  Oct 11, 2022
• More interest rate hikes are needed to tame inflation, Bank of Canada governor says

  Bank of Canada Governor Tiff Macklem was adamant Thursday that he will get inflation back under control, but warned interest rates will have to rise further to do it.

  Economy

  Oct 6, 2022
• Inflation, weaker Canadian dollar could weigh on snowbirds this winter

  Inflation and a relatively weak Canadian dollar could hit the finances of snowbirds travelling south for the winter this year, experts warn.

  Money

  Sep 28, 2022
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• Stock markets in Canada and U.S. down after U.S. Federal Reserve decision

  The S&P/TSX composite index ended down 184.15 points, or 0.95 per cent, at 19,184.54.

  Money

  Sep 21, 2022
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• The loonie is at a nearly 2-year low. What does that mean for inflation?

  A weaker Canadian dollar can worsen inflation on goods imported into the country, though experts say other factors could see the loonie come out on top in global trade.

  Money

  Sep 21, 2022