Bank of Canada

Despite inflation slowing in December, BoC still expected to hike rates

Economic Indicators

Despite inflation slowing in December, BoC still expected to hike rates

The annual inflation rate slowed last month to 6.3%

By Nojoud Al Mallees, The Canadian Press |January 17, 2023

2 min read

Prepping for the death of a key money market instrument

Industry

Prepping for the death of a key money market instrument

Bankers’ Acceptances, which represent 20% of money market, expected to disappear in 2024

By James Langton |January 16, 2023

2 min read

Bank of Canada appoints Nicolas Vincent as new deputy governor

Economic Indicators

Bank of Canada appoints Nicolas Vincent as new deputy governor

Vincent will be a member of the governing council but will not hold other responsibilities

By The Canadian Press |January 16, 2023

1 min read

Bank of Canada’s business and consumer surveys show signs of a weakening economy

Economic Indicators

Bank of Canada’s business and consumer surveys show signs of a weakening economy

Businesses and consumers expect inflation to remain elevated in the short term and ease within five years

By Nojoud Al Mallees, The Canadian Press |January 16, 2023

2 min read