Despite a booming housing market and rapid job gains, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy support.”
Bond yields in both Canada and the U.S. jumped on news that Pfizer’s COVID-19 vaccine has proven more than 90%...
A growing chorus of voices suggesting the possibility of a “micro” Bank of Canada rate cut were tempered following a...
While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a...
Weaker-than-expected economic data may have thrown a splash of cold water on Canada’s current economic recovery, but isn’t likely to...
The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged. This...
While markets have moved up their Bank of Canada rate hike expectations to early 2022, some economists say the uncertainty of the new Omicron Covid-19 variant could put that into question.
The Bank of Canada is finally coming around to the view that the rising cost of goods and services is perhaps not so transitory after all.
Over the past couple of weeks, markets have increasingly adopted the view that the Bank of Canada will move up the timing of its first rate hike to this week.
The Bank of Canada surprised markets somewhat today by leaving its key lending rate unchanged. It did, however, send a clear signal that rate hikes are imminent.
