The Bank of Canada (BoC) recently held its key overnight rate at 5 percent and stated that while intrinsic inflation was still a concern, the focus of the bank is shifting to when to cut borrowing costs instead of whether ...
In this time of rapid digital transformation, the Bank of Canada is considering the establishment of a Central Bank Digital Currency (CBDC), a digital equivalent of the Canadian dollar. In ...
In a move that could greatly impact the economy of Canada’s economy, Dawn Desjardins, Deloitte Canada’s Chief Economist, has predicted that the Bank of Canada will begin a series of ...
The Bank of Canada has increased its major interest rate to 4.5%, the highest level in 15 years, and disclosed it would likely hold off on further increases for now. ...
A pair of surveys released by the Bank of Canada reveals that Canadians are minimizing their spending and expect a recession to occur later this year. The surveys discovered that ...
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