Monetary Policy

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023 Fallback Image Decorative pattern

Economic Indicators

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023

Demand exceeds supply but inflation expected to drop to 2% by 2024

By The Canadian Press |April 12, 2023

3 min read

BoC likely to curb market’s rate-cut enthusiasm Fallback Image Decorative pattern

Economic Indicators

BoC likely to curb market’s rate-cut enthusiasm

Economists expect the central bank to sound hawkish on Wednesday while holding rates steady

By James Langton |April 11, 2023

2 min read

Bank of Canada deputy governor Paul Beaudry to leave post, return to academia at UBC Fallback Image Decorative pattern

Industry

Bank of Canada deputy governor Paul Beaudry to leave post, return to academia at UBC

The central bank will begin an internal recruitment process for the deputy governor position

By The Canadian Press |April 4, 2023

1 min read

BoC surveys show businesses, consumers gearing up for slowdown as economy softens BoC surveys show businesses, consumers gearing up for slowdown as economy softens

Economic Indicators

BoC surveys show businesses, consumers gearing up for slowdown as economy softens

Businesses and consumers still expect inflation to remain above 2% until at least 2025

By Nojoud Al Mallees, The Canadian Press |April 3, 2023

3 min read