Bank of Canada head ‘encouraged’ by Ottawa’s efforts to diversify economy
OTTAWA — Bank of Canada governor Tiff Macklem says he’s “encouraged” by the federal government’s efforts to diversify…
‘Hawkish’ Bank of Canada has economists warning of rate hikes sooner than expected
The Bank of Canada held its benchmark lending rate at 2.25 per cent for the fourth consecutive time,…
Bank of Canada holds key rate steady but warns future movements unclear
OTTAWA — The Bank of Canada held its benchmark interest rate steady for a fourth consecutive time Wednesday,…
What Bank of Canada’s Macklem and Fed-nominee Warsh get wrong about productivity and interest rates, says Desjardins
Because policymakers like Tiff Macklem and Kevin Warsh take a long-term view of neutral rates, they “look through”…