Odds of March Rate Hike Fall

The 2017 economic statistics were promising. The Canadian economy grew at a 3% rate for 2017, the best it had seen since 2011. The annualized growth of 4%+ for the first two quarters was slowed to a more acceptable 1.7% in the last quarter of 2017. This was a little...

Bank of Canada Keeps Rates Steady

It wasn’t a surprise today when the Bank of Canada today announced it would maintain the target for the overnight rate at 1 1/4 percent-largely because of the uncertainty surrounding NAFTA negotiations. The Bank said as much in its latest monetary announcement....