Company: Bank of Canada

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An interest rate hike could be coming as the economy picks up steam

Central bank No. 2’s comments on gender diversity come after Bank of Canada governor Stephen Poloz spoke in March about strategies to boost female workforce participation

Project Jasper demonstrates possibility of executing post-trade settlement on a blockchain platform, which could reduce counterparty risk and free up collateral

The central bank qualifying rate is separate from the actual mortgage rates offered by banks to borrowers, but is used to assess homebuyers who are seeking loans

Poloz highlights headwinds facing the Canadian economy as another reason for holding the line on rates.

The central bank is expecting the economy to rebound in the second quarter with 2.5% growth

The MoU aims to facilitate oversight of Canada’s domestic systemically-important financial institutions

Such a strategy would need to cover risks in both cash and derivatives products, BoC deputy governor says

The central bank estimates the economy may be as much as 50% more sensitive to a given rate of interest than it was about a decade ago

The prospect of tariffs have added to an already murky context for Canada