GDP growth in second half of 2009 could beat projections, bank says
Bank expected to maintain conditional commitment to keep target rate at 0.25% to mid-2010
Serious challenges and risks remain, but the Bank of Canada expects to see growth return this quarter, followed by a slow recovery into mid-2011.In a speech to the Canadian Association for Business Economics in Kingston, Ont., on Tuesday, Timothy Lane, deputy governor of the Bank of Canada, noted that, “there are encouraging signs that we […]
NACB received award for counterfeit deterrence
Bank of Canada suggests that economic growth will restart in this quarter, with more robust business and consumer confidence
Economy to grow 1.3% in third quarter
Central bank raises economic outlook
International integration means inflation targeting in one country is unlikely to be independent of measures taken elsewhere
The financial and economic outlook had continued to improve since the last interest-rate announcement
Markets are far too fixated on the slow, halting, return to growth scenario