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29 May 2013
Bank of Canada Interest Rate Announcement
May 29, 2013 Today's interest rate announcement will be Mark Carney's last as Governor of the Bank of Canada, however that is the only meaningful change as the Bank once again opted to leave its overnight target rate at 1 per cent. The Bank expects Read More...
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05 June 2012
Bank of Canada Interest Rate Decision - June 5, 2012
No surprises from the Bank of Canada’s interest rate decision this morning. The Bank opted to keep its overnight rate at 1 per cent, where it has been for nearly two years. The statement released in support of the interest rate decision noted that, Read More...
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17 April 2012
Bank of Canada Interest Rate Decision April 2012
April 17, 2012 The Bank of Canada left its overnight rate unchanged at 1 per cent for the 13th consecutive meeting. In the statement accompanying the decision the Bank noted that economic momentum in Canada is slightly firmer than the Bank had forecast Read More...
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21 October 2011
No Rate Hikes Before Q3 2012: Reuters Poll
Thursday, 20 October 2011 Property Wire Canada It seems that the time limited offer for low-interest rates is likely to be extended- this according to a recent Reuters survey of 40 economists and strategists. Respondents indicated that they do not believe Read More...
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07 September 2011
Bank of Canada Interest Rate Announcement (Sep-07-2011)
September 7, 2011 The Bank of Canada opted to hold the Bank's target rate at 1 per cent this morning. Market volatility over the summer and incoming data indicating very weak economic growth has prompted an abrupt change in the policy stance at the Read More...
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17 August 2011
Major Banks Forecast Rate Hold Through Q2 2012
Monday, 15 August 2011 13:53 - Propertywire Canada What a difference a few weeks makes. It was only a month ago, on the heels of the Bank of Canada’s last interest rate announcement made in July, that many had predicted a rate hike was all but certain Read More...
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19 July 2011
Bank of Canada Interest Rate Decision
July 19, 2011 - As anticipated, the Bank of Canada opted to hold the Bank's target rate at 1 per cent this morning. On inflation, the Bank noted that, "...inflation is expected to remain above 3 per cent in the near term, largely reflecting temporary Read More...
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11 July 2011
Interest Rate Hike Likely in the Fall: BMO
It seems that everyone is throwing their hat into the interest rate prediction ring these days. BMO has issued a new report on the expectations for interest rates in the near future, drawing fuel from all the recent economic data suggesting that the Canadian Read More...
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20 June 2011
Carney Predicts Moderation for Housing Market
Vancouver, BC - June 15,2011 Having weathered the recent recession fairly with only a few bumps and bruises, but nothing long-lasting for the housing market, moderation is in the forecast, according to Mark Carney, the governor of the Bank of Canada, Read More...
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31 May 2011
Bank of Canada Interest Rate Announcement
May 31, 2011 As was widely anticipated, the Bank of Canada opted to hold the Bank's target rate at 1 per cent this morning . On inflation, the Bank noted that, "While underlying inflation is subdued, the Bank expects that high energy prices and Read More...
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08 April 2011
March Labour Force Survey - April 8, 2011
Employment in the Canadian economy was unchanged in March, falling short of expectations of 15,000 new jobs. Full-time employment increased sharply by 91,000 jobs, but was completely offset by losses in part-time employment. The Canadian unemployment Read More...
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02 March 2011
Bank of Canada Interest Rate Announcment - March 1, 2011
As was widely anticipated, the Bank of Canada held its overnight rate at 1 per cent this morning. The statement released along with the decision noted an improved outlook for the Canadian economy but also referenced escalating geopolitical risk and the Read More...
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19 October 2010
Bank of Canada Interest Rate Announcement - October 19, 2010
The Bank of Canada announced today that it will hold its trend setting target overnight rate at 1.00 per cent. The Central Bank reported that the economic outlook for Canada has changed and it expects the economic recovery to be more gradual than projected Read More...
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20 October 2009
Bank of Canada Maintains Overnight Rate
OTTAWA - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. Recent indicators point to the start of a global recovery Read More...
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29 September 2009
No guarantee rates will stay low, Carney warns
Paul Vieira, Financial Post, with files from Reuters Published: Monday, September 28, 2009 OTTAWA -- Governments will be required to undertake "concerted" and "sharp" efforts to restore fiscal sustainability once a market-led recovery Read More...
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