Keyword: Bank of Canada

280 results found
Parliament Hill building closeup in Ottawa, Canada

Trudeau said the Liberals are looking at when to present a budget or an economic update.

Parliament buildings at sunset

Stephen Poloz's seven-year term expires next month

Extreme Closeup of New Polymer Twenty Dollar Bills

Canadian quantitative easing likely won't work in the typical fashion, says a CIBC report

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Governor Stephen Poloz downplayed the idea of sending interest rates into negative territory

Securities trending down

The cut to 0.75% follows last week's decision to reduce the interest rate by 50 basis points

Parliament buildings in winter

It's the first such move since the financial crisis and downturn just over a decade ago

red emergency button

The central bank’s key target rate is currently at its lowest level since early 2018

Home For Sale Real Estate Sign in Front of Beautiful New House.

The rate cut will make borrowing cheaper, raising concerns about overheated housing markets

Toronto skyline in financial district

The central bank said it may further adjust its key rate if the situation calls for it

Securities trending down

Slower economic growth is expected