Bank of Canada survey found business optimism varied by region; remained lower in oil-rich Western Canada
Bank of Canada governor Stephen Poloz called on regulators to allow for competitive market innovation to ensure future prosperity
Senior deputy governor Carolyn Wilkins said people who use e-money like Bitcoin need to be aware of risks
Bank of Canada governor Stephen Poloz said he does not expect exporters shuttered by recession to be back
Four per cent bounce-back in U.S. economy in second quarter could reverberate in Canada, analysts say
Bank of Canada report forecasts further delays in the expected pickup in exports and business investment the bank had been counting on to put economy on a sustainable growth path
Current Bank of Canada head Stephen Poloz speculated that Canada’s difficulties returning to pre-recession export levels is there are about 9,000 fewer Canadian exporting companies than in 2008
Macklem, who was beat out for the top bank job by Stephen Poloz, will depart in the spring
The transition to export-based growth has been slower than expected, particularly in non-resource exports such as manufactured goods.
Firms are reporting being in sound financial position to invest and almost half said they anticipated bigger profits in six months.