This is the central bank’s first interest rate increase since 2010
There are signs that Canada’s economy is building momentum and the Bank of Canada could start raising interest rates on July 12
The bank’s most recent quarterly survey of Canadian firms finds that corporate expectations are all above historical averages
The Bank of Canada’s next interest rate announcement is set for July 12
Stephen Poloz also pointed to several lingering uncertainties that could mean the central bank may not be ready to increase rates just yet
Report urges banks to co-operate on countering the threats that are not going away any time soon
Market sees rate hike drawing closer
Broader economic conditions have shown signs of improvement, the central bank says
Uncertainty still clouds stronger growth, central bank says
Analysts widely predict the central bank will keep the benchmark interest rate locked at its very low level of 0.5%