Bank of Canada expected to trim rates in December and January
Deputy governor offers no word on rate cuts
Economy in overdrive despite rising dollar, Jenkins says
Core inflation projected to gradually decline to 2% in the second half of 2008
Domestic demand expected to remain strong, bank says
Rate hike could come in December
Bank of Canada deputy named associate deputy minister of finance
Firms report difficulty meeting demand
Mark Carney, 42, a senior official in the federal Finance Department, will be the next governor of the Bank of Canada, replacing the retiring David Dodge.Finance minister Jim Flaherty announced the appointment today at a late afternoon news conference in Ottawa. Carney will join the Bank of Canada on November 1 as advisor to the […]
Chinese manufacturing imports are trimming Canadian consumer inflation by about 0.1% per year, finds a new paper published by the Bank of Canada.The discussion paper investigates the direct effect of Chinese imported goods on consumer prices in Canada. It finds that, on average, from 2001 to 2006, the direct effect of consumer goods imported from […]