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graph with canadian flag

Many experts predict another increase could arrive as early as next month

Raise and fall of business indicators green and red arrows

More interest rate hikes on the horizon for Canada

Male hand with pen on the investment chart with calculator and canadian dollars

Central bank predicts economic resilience despite trade risks

Maintaining Profits economic growth chart businessmen illustration

Hiking the rate now would give the central bank more flexibility to lower it down the road if trade developments worsen

  • July 9, 2018 July 9, 2018
  • 16:48
Building silhouettes of a city and Canadian flag

Although the indicator increased to its highest level since 2011, the surveys were completed before the U.S. tariffs on steel and aluminum were announced

close up view of new 100 Canadian dollar banknotes

Former Scotiabank executive Stephanie Bowman is among the five new directors appointed to the board

Raise and fall of business indicators green and red arrows

There are other factors complicating the interest-rate outlook since the central bank last raised interest rates on May 30

Fintech Investment abstract concept with business people on stock market background

The partnership agreement will enable the central bank to better understand the implications of emerging technologies in the financial sector

Sylvain Leduc to resume working at the Federal Reserve Bank of San Francisco

Financial business chart and economic development

U.S. tariffs come as talks regarding the North American Free Trade Agreement continue.