Bank of Canada

Economic Indicators

Longer low for bond yields

Find out why

By Staff |November 14, 2017

3 min read

Economic Indicators

Economic indicators point to further BoC rate hikes

Expect inflationary pressures soon

By Staff |November 6, 2017

3 min read

Economic Indicators

BoC defends cautious stance on rates

The Bank of Canada (BoC) is maintaining rates for now, but not everyone is supportive of the cautious stance. For example, David Dodge, former BoC governor, tells Bloomberg that raising rates is the wise thing to do, considering the economy is close to capacity. Further, low rates encourage excessive borrowing by households and businesses — […]

By Staff |November 1, 2017

2 min read

Economic Indicators

Expect losses for the loonie

All signs point to downside ahead for the loonie. “The Canadian dollar is still mispriced,” says Benjamin Tal, deputy chief economist at CIBC World Markets, in a weekly economics report. “Too many factors are pointing in unison to one direction: a lower loonie.” Read: What’s next for economy and loonie First off, he notes the […]

By Staff |October 27, 2017

2 min read

Banks’ predictions for the next BoC rate hike

This week, the Bank of Canada held fast to its 1% benchmark rate. In a report, Desjardins economists describe the historically low rate as “reflective of highly expansionary monetary policy.” They thus expect normalization of rates in the coming quarters, albeit at a gradual pace. “A third increase could be announced either in December or, […]

By Staff |October 25, 2017

2 min read

BoC to hold interest rate, analysts say

Canadian financial institutions are predicting the Bank of Canada won’t change its target for the overnight interest rate at its announcement next week. In a research note on Friday, CIBC Capital Markets chief economist Avery Shenfeld suggested the central bank wouldn’t raise the interest rate for a third time this year. Citing strong economic growth, […]

By Staff |October 20, 2017

2 min read

When the markets’ sweet spot will end

This is the longest stretch of synchronized global growth since the financial crisis, with every OECD economy currently expanding. Read: Canada’s growth tops G7 countries: IMF “We are referring to this period as the sweet spot because economic growth is occurring at a period of benign or tepid inflationary pressures,” say Craig Basinger and Derek […]

By Staff |October 16, 2017

2 min read

Look beyond U.S. for best investing opportunities: report

Heading into the final quarter of 2017, expect Canadian stocks to outperform U.S. stocks. That’s because of “a highly forgiving valuation discount, still robust economic activity and improving commodity prices,” says a Q4 global outlook report by BlackRock, with an introduction by Kurt Reiman and Aubrey Basdeo. Reiman is BlackRock’s chief investment strategist for Canada, […]

By Staff |October 11, 2017

2 min read

Bank of Canada

Longer low for bond yields

Economic indicators point to further BoC rate hikes

BoC defends cautious stance on rates

Expect losses for the loonie

Banks’ predictions for the next BoC rate hike

Canadians to feel the pinch if rates rise: survey

BoC to hold interest rate, analysts say

When the markets’ sweet spot will end

Canada’s banks thriving on Q3 earnings boost

Look beyond U.S. for best investing opportunities: report