Bank of Canada
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Dollars and Sense
Poilievre’s Push to Expand Carbon Price Pause Voted Down
The Conservative Leader Pierre Poilievre’s motion to extend the federal carbon price pause to all forms of home heating has…
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Dollars and Sense
After Flat GDP Reading, Canada at risk of ‘tipping into a mild recession’
Some economists believe that Canada’s economy coming to a standstill in the third quarter of the year is likely to…
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Dollars and Sense
Bank of Canada Holds Key Rate
On Wednesday, the Bank of Canada opted to keep its benchmark interest rate steady at 5.0 percent, despite indications of…
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Dollars and Sense
Canadians Worry They Can’t Afford More Hikes
Canadian households are feeling increased stress due to mounting debt as they approach the upcoming interest rate decision by the…
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Dollars and Sense
BOC Says Half of Variable Mortgage Holders With Fixed Payments Have Hit Trigger Rate
Source: Craig Lord Global News, Nov 22, 2022 The Bank of Canada expects 65 per cent of these mortgages will…
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Dollars and Sense
Bank of Canada Officials Must Testify Before Senate Committee
Source: Staff The Canadian Press, Nov 1, 2022 Canada’s annual inflation rate was 6.9 per cent in September but has…
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Dollars and Sense
Bank of Canada Slows Pace of Rate Hikes
Source: Reuters, October 27, 2022, David Ljunggren and Julie Gordon “This tightening phase will draw to a close. We are…
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Dollars and Sense
Bank of Canada Raises Key Interest Rate 50 Basis Point
Source: Global News, Staff, October 26, 2022 Most economists had expected an interest rate hike, but many were calling for…
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Dollars and Sense
Interest Rate Hike Will Have a ‘Dramatic Effect’ on Canadians
Source: Solarina Ho CTV News, July 15, 2022 There are already concerns that soaring interest rates could drive the country…
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Dollars and Sense
Bank of Canada Hikes Key Interest Rate. Again.
Source: Craig Lord Global News, July 13, 2022 The central bank said the largest drivers of global inflation are the…
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