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Low interest rates have encouraged households to take on debt

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Bank of Canada warns of leaving winner takes all digital economy unchecked

Many economists expect the central bank to raise the overnight rate by 25 basis points to 1.25%

The bank will announce its upcoming target on Jan. 17

  • By: IE Staff
  • January 11, 2018 January 11, 2018
  • 15:10

Investors urged to read the fine print

The central bank pointed to encouraging job and wage growth, sturdy business investment and the resilience of consumer spending as reasons for a pending interest rate hike

A digital currency could become a cheaper alternative to debit and credit cards and other forms of payment

  • By: Ian Bickis
  • November 30, 2017 November 30, 2017
  • 16:30

Inflation has been in the lower end of the central bank’s itarget bands of 1% to 3% for quite some time

Several one-time factors including below-average food inflation and the Ontario government’s reduction in electricity prices have helped keep inflation in check this year

Government has a critical, co-ordinating role to play in defending the financial system from hackers, Poloz says