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Canadian debt levels are the highest they’ve ever been and high housing prices have been a driving factor

The Bank of Canada’s decisions have become “particularly” data-dependent, the central bank governor says

Q4 interest rate forecast

Benjamin Tal, deputy chief economist at CIBC World Markets Inc., explains why the Bank of Canada and the U.S. Federal Reserve will refrain from further interest rate hikes in 2017.

Last week’s announcement caught many analysts by surprise

Canadian economic outlook: 2017 and beyond

David Tulk, institutional portfolio manager, Fidelity Investments Canada ULC, discusses the recent Bank of Canada irate hike, the likelihood of a further hike this year, and signs of slowing economic growth.

  • By: David Tulk
  • September 7, 2017 December 15, 2017
  • 16:15
Feds to consider expanded services from banks, fintechs

Interest rate hike will benefit RBC by as much as $300 million over five years: CEO

Canada’s economy surges on 4.5% GDP growth in Q2

The increasingly robust economy shows it no longer needs as much stimulus, central bank says

Increased payments on mortgages and other debts could hit the economy as people have less disposable income to spend elsewhere

  • By: Ian Bickis
  • September 6, 2017 December 14, 2017
  • 16:00

Several analysts are now predicting the Bank of Canada will hike its trend-setting rate Wednesday

Canadian households were adding debt at the fastest pace since October 2011 in July, pushing total household debt to almost $2.1 trillion