Below you'll find a list of all posts that have been tagged as “Bank of Canada”
The Bank of Canada left its interest rate unchanged at 1.75% on Wednesday, January 9th, as the sharp decline in oil prices temporarily dims its economic outlook for the coming months. “The drop in global oil prices has a material impact on the Canadian outlook, resulting in lower terms of trade and national income,” the bank said in a statement. …
The federal government is moving again to tighten the rules on mortgage lending in Canada amid growing concerns that the housing market is overheated and household debt levels are climbing to perilous levels, according to the Globe and Mail. As debt levels continue to reach record levels and the housing market has showed no signs of slowing down, the government …
