Weaker economy, tighter credit hampering the confidence of businesses in Canada, Bank of Canada says
Rate cuts by Bank of Canada lending significant support to economy
Credit conditions expected to show gradual improvement
Economists split over size and timing of future moves by the Bank of Canada
Country is in a recession, central bank says
Rate decision coming Tuesday
Bank expects modest growth in 2009, Waugh says
Comments due Dec. 19
Kennedy stepping down Dec. 1
At a time when the supremacy of markets is under siege, Mark Carney, governor of the Bank of Canada, argues that continuously open markets are actually the key to global recovery. In the meantime though, interest rates will likely have to go lower, he says.Speaking to the Canada-United Kingdom Chamber of Commerce in London on […]