Tag Archives: Canada’s central bank

Bank of Canada Moves Rate Up by Quarter Point

Bank of Canada Increases Bank Rate By Brian Madigan LL.B. (Ontario Real Estate Source) The Bank of Canada hiked its key interest rate by a quarter point, 20 July 2010. A similar increase took place in June. The Bank noted that it “expects the economic recovery in Canada to be more gradual than it had [...]

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Bank of Canada Holds Firm and Steadies the Economic Recovery

Bank of Canada Holds Firm and Steadies the Economic Recovery By Brian Madigan LL.B. It’s a balancing act, no matter how you look at it. On Tuesday October 20, 2009, the Bank of Canada held inteerst rates firm at 0.25%. Here are some comments and observations made by the Governor of the Bank of Canada, [...]

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