Bank of Canada

Flaherty concedes that global turmoil will impact economy, but will "monitor closely"

Opposition presses finance minister to use stimulus, aim for job creation and growth.

Bad news piles up ahead Flaherty's appearance before finance committee

US recession and debt, market fears all add up to gloom north of the border.

Canadian economy expected to regain some speed, but consumer spending alone won't help

Global manufacturing, US recovery key factors in keeping the country moving.

Bank says it will raise rates if economy continues to expand as expected

OTTAWA -- The Bank of Canada has signalled that interest rates will likely rise later this year, as long as the still-fragile economic recovery continues to build. For the sixth straight announcement...

Economist's inadvertent email reveals a more pessimistic view from Mark Carney

OTTAWA - Bank of Canada Governor Mark Carney may be more pessimistic about the prospects for recovery in the U.S. and Europe than he lets on in public. A glimpse of the central banker's gloomier view...

Inflation increases chance of imminent increase hike

OTTAWA-The chances of an early hike to interest rates rose sharply Tuesday after Statistics Canada reported that annual and monthly inflation spiked in March, led by rising food and gasoline prices....

Will your student loans be affected by increased interest rates?

Yesterday, I asked how the Bank of Canada's decision to raise interest rates would affect student loans. Terry Wong, Vice President, Treasury and FX, at Vancity Group was able to provide ...

Interest rates go up. Will it affect students?

The Bank of Canada increased its interest rate by one-quarter of a percentage point to 1 per cent today, but indicated that the rate would not be raised again without clear signs of  economic...