Stephen Poloz

Just two days shy of the anniversary of the most recent change to the key interest rate, the Bank of Canada (BoC) announced it will not use its most powerful policy tool today. The target for … Read More

The Bank of Canada (BoC) announced this morning it would leave the target for the overnight rate at 0.50%, where it’s been since July 2015. The target for the overnight rate is also known as the … Read More

The Bank of Canada (BoC) made its regularly scheduled interest rate announcement this morning and confirmed there would be no change to the target for the overnight rate.

This morning, the Bank of Canada (BoC) announced it would cut the overnight lending rate by 25 basis points to 0.50%. This follows intense speculation in the media that a rate cut was necessary to stimulate … Read More

This morning, the Bank of Canada (BoC) announced it would leave the overnight lending rate at 0.75% for another seven weeks, confirming analyst expectations.

This morning, the Bank of Canada (BoC) announced it would leave the overnight lending rate at 0.75% for another six weeks – and while it didn’t necessarily come as a surprise, we’re certain that Governor Stephen … Read More