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Bank of Canada

Bank of Canada keeps 0.75 per cent interest rate

Bank of Canada keeps 0.75 per cent interest rate, even though economy likely stalled in early 2015

OTTAWA — The Bank of Canada says it expects the oil-price shock likely "stalled" the country's economy to the point it had zero growth during the first three months of 2015 but that it has decided to...

Canada makes early push for 2013 World Cup of Stupidity

When I called for a World Cup of Stupidity, you probably thought I was joking. You may have looked at other jokes within the same article and thought “Oh, I guess he’s just kidding here as well.” No...

"Unusual levels of uncertainty" dog Canadian economy

Hmm, manageable challenges. I’ll ask my Irish friends about that.

Food, gasoline keep Canada's inflation rate elevated at 2.9 per cent

Canada's annual inflation rate remained relatively high at 2.9 per cent last month as Canadians continued to pay considerably more for food and gasoline than they had 12 months earlier. Statistics...

Canadian belt-tightening won't fend off European threat

Bank of Canada says the fallout could still hit hard.

Cheap money's here to stay

Interest rates to stay low through 2013.

Consumer confidence dips to lowest level in two years

Canadians are less confident about their finances than they were two years ago, according to the October Consumer Outlook Index survey released today by the Royal Bank of Canada. Consumer confidence...

Occupy protests in Canada and the birth of the "nothing burger"

Kevin O’Leary thinks the Occupy movement has nothing much to say. Mark Carney differs. How might idealism be turned to action to fix capitalism?

Canada has 'tools to deal with new recession'

Country will take a battering if the world tanks, but it has strong companies, a working banking system and a sound fiscal position, says governor of central bank.

Canadian economy shrinks in Q2 as export market pauses

Key US market fragile but we still expect modest growth, finance minister insists.