Bank of Canada | Page 53 of 53

Bank of Canada holds the line

The Bank of Canada has held the line on interest rates, maintaining the trendsetting Bank Rate at 1.25%. “The global economic recovery is proceeding at a somewhat faster pace than the Bank had anticipated, although risks remain elevated,” the Bank said in a statement. Both the U.S. and Europe are recovering, while some emerging markets […]

By Steven Lamb |January 18, 2011

2 min read

Economic Indicators

Loonie ties the hands of BoC

As dollar-parity becomes more of a floor than a ceiling, Canada continues to lose its share of the U.S. import market. As conventional measures remain inapplicable, Canadian economists are suggesting radical moves to tackle the issue of an overheating loonie. The rapid rise in the value of Canadian dollar owing to foreign investors and central […]

By Vikram Barhat |December 17, 2010

3 min read

Economic Indicators

Higher income OK with their debt

Here's some news to reassure Mark Carney: nearly two thirds (64%) of higher income Canadians plan to reduce their debt levels over the coming 12 months.

By Steven Lamb |December 14, 2010

2 min read