Bank of Canada

Economic Indicators

Time to short the potentially volatile loonie, report says

Expect the Canadian dollar to fall back to mid-70-cent range

By Staff |January 15, 2018

2 min read

Economic Indicators

Expect dovish rate hike, say economists

The Bank of Canada is expected to raise its key interest rate by 25 basis points on Wednesday. “Markets and all economists at all dealers anticipate a hike this time around,” says Derek Holt, vice-president and head of capital markets economics at Scotiabank, in a weekly economics report. Read: Rising rates shake client confidence But […]

By Staff |January 15, 2018

2 min read

Economic Indicators

Strong business sentiment supports January rate hike

Business sentiment remains positive, reveals the Bank of Canada’s business outlook survey (BOS), and that supports the potential for a rate hike next week. Read: Rates to rise starting next week: big five banks The BOS indicator, which summarizes the main survey responses, has almost returned to its summer peak. “In particular, strong expected input […]

By Staff |January 8, 2018

4 min read

Economic Indicators

Rates to rise starting next week: big five banks

Strength of jobs market seals the deal

By Staff |January 8, 2018

2 min read

BoC reduces minimum purchase amount of nominal bonds

The Bank of Canada is decreasing its minimum purchase amount of nominal bonds at auctions to 13% from the current 14% level, effective immediately. In managing its balance sheet, the Bank of Canada acquires Government of Canada securities to offset its liabilities, which consist mainly of bank notes in circulation and deposits. The bank acquires […]

By Staff |December 21, 2017

1 min read

Big banks forecast next BoC rate hike

The Bank of Canada makes a rate decision on Wednesday, but no one’s calling for an increase—certainly none of the big banks. The banks do, however, have plenty to say when it comes to forecasting when the next hike will occur. Read: Unemployment rate drops to 5.9% as economy grows In an earlier report, CIBC […]

By Staff |December 4, 2017

2 min read

Interest rates likely on hold until April: CIBC

The Bank of Canada will wait until at least April to change interest rates, allowing it some time to watch NAFTA negotiations and digest Q4 GDP data before making another move, a report from CIBC Capital Markets says. The BoC maintained its target for the overnight rate at 1% on Oct. 25, saying it expects […]

By Staff |November 16, 2017

1 min read

Bank of Canada

Time to short the potentially volatile loonie, report says

Expect dovish rate hike, say economists

Strong business sentiment supports January rate hike

Rates to rise starting next week: big five banks

Equity returns, rate hikes and risks: experts weigh in

BoC reduces minimum purchase amount of nominal bonds

BoC warns of risks for clients with mortgages

Big banks forecast next BoC rate hike

September retail sales disappoint

Interest rates likely on hold until April: CIBC