Rate hikes are working: BoC governor
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn't taking any chances in its efforts to…
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bank of canada
Addressing supply issues no substitute for rate hikes: BoC official
OTTAWA — Bank of Canada senior deputy governor Carolyn Rogers says addressing supply problems could help ease inflationary…
Bank of Canada’s independence not under threat: Tiff Macklem
OTTAWA — As criticism piles on from politicians, pundits and interest groups, Bank of Canada governor Tiff Macklem says he's felt…
Intensity of supply chain disruptions surprised Bank of Canada
TORONTO — The intensity and persistence of supply chain disruptions that have helped fuel the rising cost of living have surprised…
Pandemic widens gap between perceived, measured inflation
OTTAWA — A senior Bank of Canada official says that many Canadians believe that official inflation measures don't reflect the…
COVID-19 to leave some lasting economic damage: Bank of Canada chief
OTTAWA — Canada's top central banker says there will be long-term economic damage from the COVID-19 pandemic as the country charts…
Bank of Canada holds key interest rate target at 0.25 per cent
OTTAWA — The Bank of Canada kept its key interest rate target on hold as it said it believes the economy has avoided its…
Monetary help from Bank of Canada must reach borrowers: Poloz
OTTAWA — Canada's top central banker says monetary stimulus on the scale that the country is seeing now must ultimately reach the…
StatsCan to release GDP figures for March and first quarter of 2020
OTTAWA — Canada's central bank is to release its view of the effects of COVID-19 and its outlook for the domestic economy.…
Bank of Canada pumps $7 billion, expands bond buy backs to ease economic concerns
OTTAWA — The Bank of Canada prepared to increase the cash it pumps into the financial system and Finance Minister Bill Morneau…