Bank of Canada says fiscal policy isn’t stoking inflation yet
Bank of Canada Governor Tiff Macklem said Prime Minister Mark Carney’s fiscal plans aren’t yet…
Category: bloomberg
Canadian economy slows to 1.3% pace, weaker than BOC forecast
The Canadian economy is tracking 1.3% annualized growth between July and September, slowing down from…
Macklem warns U.S. deficits could push up Canadian borrowing costs
Bank of Canada Governor Tiff Macklem warned that U.S. borrowing is on an unsustainable trajectory…
Rate hike kicks Canada’s housing market when it’s down
The Bank of Canada raised its benchmark interest rate Wednesday in an effort to fight…
Bank of Canada raises policy rate to 2.50%
The Bank of Canada raised its overnight target rate by 25 basis points to 2.50%…
Bank of Canada seen hiking as oil creates stubborn inflation: Decision guide
By Erik Hertzberg (Bloomberg) — The Bank of Canada is likely to hike interest rates…
Canada retail sales rebound set to continue in September
Canadian retail spending is on track to continue growing in September, although at a slower…
Carney’s housing agency vows to build as home prices plunge
In Canada, home prices have plunged 20% and thousands of unsold condominiums sit empty. The…
BOC surveys show higher inflation expectations, passthrough
Bank of Canada surveys showed inflation expectations moving higher, and more evidence that firms plan…
Canadian inflation rate edges up to 3.1%, core measures ease
Canada’s inflation rate ticked up to 3.1% in September as gasoline prices rose, while gauges…