Daily News

FP Economy Source: Financialpost February 24, 2022

Stephen Poloz predicts inflation will slow quickly over the next 12 months

Kevin Carmichael: Poloz's outlook would allow current policy-makers to take a gentler path back to higher interest rates Former Bank of Canada governor Stephen Poloz predicted year-over-year increases in the consumer price index will slow to a rate...

Oil & Gas Source: Financialpost February 24, 2022

Surging oil prices won't be a growth driver for Canada this time around

What would haven been unambiguously positive for Canada's oil-rich economy in the past may turn out to be a drag now, economists warn Surging energy prices are typically a boon for Canada. But not this time. On Thursday, oil soared above US$...

Source: Bankofcanada February 22, 2022

Bank of Canada announces 2021-2022 scholarship recipients

The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards  for students with disabilities, Indigenous students and students who id...

Source: Bankofcanada February 18, 2022

Deputy Governor Lawrence Schembri to Retire from the Bank of Canada

The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022. Mr. Schembri joined the Bank in 1997 and was appoin...

Source: Bankofcanada February 16, 2022

Navigating uncharted territory

Deputy Governor Tim Lane discusses how the Bank of Canada approached decision making during the unprecedented upheaval brought on by the COVID‑19 pandemic....

FP Economy Source: Financialpost February 10, 2022

Canada still passing through 'long dark tunnel' of COVID

Watch: Canadian Chamber of Commerce chief executive Perrin Beatty talks about what Canada needs to do to get past COVID Perrin Beatty, chief executive of the Canadian Chamber of Commerce, speaks with the Financial Post’s Larysa Harapyn about what C...

Source: Bankofcanada February 09, 2022

Producing growth with less inflation

Governor Tiff Macklem discusses how—by investing in technology and people—businesses can help the economy grow more with less inflation. Watch Governor...

FP Comment Source: Financialpost February 09, 2022

Gregory Mason: One curve we shouldn't have flattened

If we’re going to afford all the things we think we need, we need more economic growth I was fooling around with some GDP data the other day, as we economists are wont to do, and when I put it on a chart and drew a couple of trend lines, I was shoc...

FP Economy Source: Financialpost February 08, 2022

Surging smartphone imports signal supply bottlenecks are starting to give way

Kevin Carmichael: Trade data support expectations that the Bank of Canada will raise interest rates in March Imports surged to a record in December, suggesting companies and logistics experts are starting to work through the various supply issues t...

Source: Bankofcanada February 07, 2022

Université de Sherbrooke crowned National Champion of The Governor’s Challenge

OTTAWA, ONTARIO — The Bank of Canada is pleased to announce that Université de Sherbrooke has won the seventh annual Governor’s Challenge, a national student competition in which teams simulate the ro...