Growth is now expected to average about 2.5% in the first half of 2007
Key overnight rate remains at 4.25%
Weakness in U.S. domestic demand seen as bottoming out
Staffing remains a concern in Western Canada
Canada’s manufacturing sector continues to downshift, reinforcing the likelihood that the Bank of Canada will likely be cutting rates next year, says BCA Research.In a research note, BCA reports that manufacturing shipments contracted marginally in October, as expected. “Though much of the recent weakness reflects falling energy prices, shipments in most sectors are below year […]
Canada should try to develop a comparative advantage in securities regulation for smaller firms
Overnight rate stays at 4.25%
Releases consultation document
No change expected to current policy stance
Will research cost and benefits of lower inflation target