Bank of Canada

Upcoming economic data to watch Fallback Image Decorative pattern

Economic Indicators

Upcoming economic data to watch

Canadian data releases next week focus on housing, with September housing starts published on Tuesday, and the new house price index (August) published on Thursday. The latter provides “input into replacement costs captured in CPI for a housing market connection to inflation,” says Derek Holt, vice-president and head of capital markets economics at Scotiabank, in […]

By Staff |October 6, 2017

2 min read

BoC can’t afford to delay normalization: report Fallback Image Decorative pattern

Economic Indicators

BoC can’t afford to delay normalization: report

There are signs that indicate the beginning of a more substantial effect for fiscal policy

By Staff |October 3, 2017

2 min read

Monetary policy to be data dependent: BoC Fallback Image Decorative pattern

Economic Indicators

Monetary policy to be data dependent: BoC

“There is no predetermined path for interest rates from here.” That remark came from Bank of Canada Governor Stephen Poloz in a speech today that highlighted the central bank’s plan to carefully monitor economic indicators to decide on the direction of monetary policy. While growth in the second quarter far exceeded expectations, and showed the […]

By Staff |September 27, 2017

2 min read

What to watch this week at home and abroad Fallback Image Decorative pattern

Economic Indicators

What to watch this week at home and abroad

Here’s what to watch this week in the economy, both at home and abroad. Bank of Canada speech. Governor Stephen Poloz speaks on Wednesday in St. John’s, Newfoundland. His topic, “The meaning of data dependence: An economic progress report,” suggests he’ll provide insight on criteria for further rate hikes and their timing. Read: Inflation inches […]

By Staff |September 25, 2017

3 min read