Global Economics Update Bank of Canada cuts rates & hints at shift to QE With its key interest rate now perilously close to zero it was no surprise that the Bank of Canada (BoC) announced today that next month it will unveil a framework for the possible implementation of... 3rd March 2009 · 1 min read
Global Economics Update Bank of Canada cut rates to record low The Bank of Canada cut its key policy rate by 50 basis points today, to a record low of only 1.0, and left the door open to further reductions in the coming months. The close financial and trade links... 20th January 2009 · 1 min read
Global Economics Focus Australia & Canada: explaining contrasting monetary policies The contrasting monetary polices being pursued by the Bank of Canada and the Reserve Bank of Australia (RBA) are a good illustration of why only countries with strong trade and financial links to the... 5th March 2008 · 1 min read
Global Economics Update Bank of Canada takes the initiative Signs that the downturn in the US is now having a marked impact on Canada prompted the Bank of Canada to cut interest rates by a bigger 50 basis points today, to 3.5%. (See Chart.) Moreover, the... 4th March 2008 · 1 min read