Rates to remain low until there are “clear signs that excess supply in the economy is being taken up”
Future prosperity depends on policies that incorporate flexibility to allow businesses to seize opportunities as they arise
Advisor to the Governor fills vacancy created by departure of Kennedy
Decisions taken in U.S. and in other major economies will be critical
Bank of Canada remains focused on fighting inflation
Possibility of deflation is very unlikely in Canada, Carney says
Uncertainty eroding domestic demand, central bank says
Bank of Canada called on to boost transparency on its decision-making procedures
Bank of Canada expected to cut key rate to 1%
Weakness in the Canadian economy has spread to household spending