Stephen Poloz also pointed to several lingering uncertainties that could mean the central bank may not be ready to increase rates just yet
Loonie up on “hawkish” BoC speech
Most economists expect the U.S. Federal Open Market Committee to raise interest rates at this week’s Fed meeting
Market sees rate hike drawing closer
Yossi Boker to lead business development in key market
U.S. markets end mixed; Nasdaq drops more than 100 points
Gain of 77,000 full-time jobs surprises economists
New coalition government between the Conservatives and the DUP of Northern Ireland could result in a “softer” Brexit
Steve Mnuchin will also meet with government officials in his first visit to Ottawa
Oil, gold prices move lower
Climate change risks become a key consideration for asset managers
Joseph Kostelecky banned for life from taking part in securities markets
Broader economic conditions have shown signs of improvement, the central bank says
New tax rules, combined with sustained low interest rates and new capital requirements, are creating significant challenges for insurance carriers
The plans’ equity holdings grew by 4.4%
The pace of urban starts fell 10.2% during the month
U.S. markets post modest gains
Banks could be more heavily impacted in the event of an adverse unemployment shock or rapid rise in interest rates
Think-tank calls for new standards for federally regulated lenders and mortgage insurers
Price of bullion hits seven-week high
Those who received a gift from family as part of their down payment were less comfortable than others with their current level of mortgage debt
Many firms have reassessed their strategies following the global financial crisis
Certain regulations may require a public hearing process to be changed, but steps are being taken to ensure their effectiveness is eroded
Oil prices slump as tensions rise in Middle East
Brexit seen as a significant negative for U.K. investment