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Extreme Closeup of New Polymer Twenty Dollar Bills

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

Canadian money

BoC likely to curb market’s rate-cut enthusiasm

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

Banks

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

Close-up aerial photo of an oil refinery in the Alberta Oilsands, near Fort McMurray

Investors are penalizing polluters, but not enough: research

A BoC paper found only small investor discounts for large GHG emitters, creating risk in the event of a sharp shift

Percentage sign in sky

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

Abstract - world connect

Bank of Canada watching for potential spillovers from global banking stresses

Deputy governor Toni Gravelle said global banks are more resilient today than they were 15 years ago

increase in inflation

Last mile on inflation likely to be the hardest

Debt levels put Canadians at higher risk to interest rates, portfolio manager warns

canadian dollar bills stacked background. computer generated 3d photo rendering.

Bank of Canada holds key rate for first time in a year, leaves door open to hikes

The economy has generally moved in the right direction for the bank as it aims to slow activity

Canada’s two dollar coin is bimetallic, and shows a polar bear, a symbol of concern for the endangered environment.

BoC expected to hold interest rate next week, one year after aggressive cycle began

CIBC and RBC economists analyze impact of recent rate hikes

Parliament Hill building closeup in Ottawa, Canada

PBO expects Bank of Canada to hold rates for remainder of year

Projection for economic growth downgraded to 1% for 2023