#stephen poloz

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Stephen Poloz

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Prime News: Canadian Economy Suddenly Shed Jobs in April

Prime News: Canadian Economy Suddenly Shed Jobs in April

The Canadian economy surprisingly shed jobs in April on the back of a decline in part-time positions, supporting wagers that the Bank of Canada will hold interest rates steady when its policymakers meet later this month.

The country lost 1,100 jobs in April, according to Statistics Canada. That’s a sharp decline from the 32,300 rise posted in March and badly misses the 20,000 gain that analysts…

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Bank of Canada Governor Stephen Poloz discusses his institution’s recent research into blockchain technology. Feel free to share, rate, like or leave your comment. Advertisements Follow this link to Watch the video on Crypto Park News Blog.

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Prime News: Canada Annual Inflation Climbs to Highest in 5 Months in September

Prime News: Canada Annual Inflation Climbs to Highest in 5 Months in September

Canada’s annual inflation rate increased to its highest in five months in September on higher prices for gasoline and food, moving closer to the Bank of Canada’s target, according to data from Statistics Canada. The annual inflation rate increased to 1.6 percent in September from 1.4 percent in August, the highest since April. Underlying gauges of inflation monitored by the country’s central bank…

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(via INTEREST RATES CANADA 2017: HOW TO REDUCE DEBT WITH EVERY GOVERNOR STEPHEN POLOZ SPEECH)

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Poloz comments increase speculation about possible rate hike Speculation that the Bank of Canada is preparing to raise its key interest rate continued to ramp up after governor Stephen Poloz’s latest comments to a German newspaper published Tuesday. While talk about a possible rate hike by the Bank of Canada has increased, inflation in Canada has remained ...

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BoC sees ‘material’ hit from Trump policies; holds rates steady The Bank of Canada says Canada’s economy will take a “material” hit from a more protectionist United States under Donald Trump, but the central bank isn’t ready to quantify the potential damage. The central bank and governor Stephen Poloz are in wait-and-see mode, opting Wednesday to leave the ba...

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Bank of Canada Rate Unchanged

Bank of Canada Rate Unchanged

Bank of Canada governor Stephen Poloz has announced the national benchmark overnight interest rate is staying at 0.5% as economic conditions move along largely in line with its expectations. In making the scheduled announcement, Poloz said while the global economy has strengthened, persistent international uncertainty has continued to have a negative effect on business confidence and investment…

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