Held off on a hike, but a cut in policy rate later this year ‘doesn't look like the most likely scenario’
Adoption of the new financial benchmark well underway
Demand exceeds supply but inflation expected to drop to 2% by 2024
Economists expect the central bank to sound hawkish on Wednesday while holding rates steady
The central bank will begin an internal recruitment process for the deputy governor position
A BoC paper found only small investor discounts for large GHG emitters, creating risk in the event of a sharp shift
Businesses and consumers still expect inflation to remain above 2% until at least 2025
Deputy governor Toni Gravelle said global banks are more resilient today than they were 15 years ago
Actual 2023 growth could be stronger than forecast
Research finds financial fallout of Fort McMurray wildfire comparable to global financial crisis