CMHC Sees Problematic Housing Conditions in Canada

Bank of Canada Rates on Hold Again

Bank of Canada Hold Overnight Rate at 0.5%   The Bank of Canada’s decision to hold rates steady once again was very much as expected, even though first half growth was well below the forecast in the July Monetary Policy Report. US growth in the first half of this...
Bank of Canada Maintains Rate At 1/2% Target

Bank of Canada Maintains Rate At 1/2% Target

To no one’s surprise, the Bank of Canada announced recently that it would leave its overnight rate target at 1/2%, just as it did on January 20 when it last met. The Bank noted that financial market volatility has slowed since the last meeting and oil prices and the...
Who is the Bank of Canada

Who is the Bank of Canada

Have you ever wondered who the Bank of Canada is and what is its role in our economy? The Bank of Canada is the country’s central bank. Its role, as defined in the original Bank of Canada Act of 1934, is “to promote the economic and financial welfare of Canada. “ The...