Central bank expands list of collateral eligible for SPRA transactions
Central bank says if will provide liquidity to preserve market stability
Economic growth and inflation in Canada in the first half of this year have been stronger than expected. the Bank of Canada said today in its July update to its monetary policy report.Final domestic demand has remained the key driver of economic growth in Canada, bolstered by firm commodity prices. The central bank said economy […]
Inflation expected to remain above central bank's target until 2009
Limits on physical capacity keeping companies from meeting demand
Emsley, Finlayson and Laidely
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4.25%. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 4.5%.The Canadian dollar jumped above the US93¢ level after the central bank signalled that inflation pressures may lead to higher interest rates […]
Incentives lead plan sponsors to avoid running actuarial surpluses
The Bank of Canada suggests that the Canadian economy was operating just above its production capacity in Q1
Governor to leave central bank in January 2008