The Bank of Canada’s decisions have become “particularly” data-dependent, the central bank governor says
Retail sales strengthen in July
Last week’s announcement caught many analysts by surprise
Unemployment rate dips to 6.2%
The increasingly robust economy shows it no longer needs as much stimulus, central bank says
Several analysts are now predicting the Bank of Canada will hike its trend-setting rate Wednesday
Combined with the 3.7% growth in Q1, the country saw its strongest six-month start to a calendar year in 15 years, StatsCan reported
Government revenues were up $3.5 billion or 4.9%, compared with the same three-month period last year
The long-run negative effects of debt eventually outweigh their short-term positive effects, research presented to CMHC board members suggests
A deal reached last year between the federal government and the provinces will raise contributions as of 2019