Serious challenges and risks remain, but the Bank of Canada expects to see growth return this quarter, followed by a slow recovery into mid-2011.In a speech to the Canadian Association for Business Economics in Kingston, Ont., on Tuesday, Timothy Lane, deputy governor of the Bank of Canada, noted that, “there are encouraging signs that we […]
Rising commodities prices and wider interest-rate spreads will support currency
Lower target, stronger accountability would boost Canadian dollar
Once the economic recovery gets underway, the world’s major currencies will be affected in different ways
Economic research firm, Global Insight Inc., argues that the Canadian dollar is currently undervalued as the market has been slow to adjust to the new oil price environment.“With the price of oil recently being revised upwards, and the other fundamental determinants of the dollar either supporting appreciation or neutral, we believe the Canadian dollar is […]
High-profile takeover could cause the currency to surge, says BCA Research
Most Canadians ignore possible savings
Few companies taking advantage of strong loonie to buy capital goods
No consensus on loonie, but most analysts see greenback falling against Asian currencies
Report looks at pitfalls of a rigid rate