Investment

Latest Investment News

2024-07-24 - Bank of Canada reduces policy rate by 25 basis points to 4½%
The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization.

2024-07-24 - Monetary Policy Report - July 2024
Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflation will be bumpy. Inflation returns sustainably to the 2% target in the second half of 2025.

2024-07-24 - Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council's deliberations about the policy rate decision.

2024-07-15 - Business Outlook Survey-Second Quarter of 2024
Results from the Business Outlook Survey and the Business Leaders' Pulse continue to signal weak demand, which is weighing on investment and hiring plans. While few firms are planning layoffs, labour markets are widely seen as continuing to soften. Although they remain above average, wage and inflation expectations are easing. Most firms that made abnormally large price increases in the past 12 months do not plan to do so again in the coming year.

2024-07-15 - Canadian Survey of Consumer Expectations-Second Quarter of 2024
Consumers' perceptions of inflation are unchanged from a quarter ago, but their expectations for near-term inflation declined significantly. While both measures have improved substantially in recent quarters, they remain higher than they were before the COVID-19 pandemic. Most consumers continue to think that domestic factors are contributing to high inflation. Sentiment remains subdued and unchanged from last quarter, as high inflation and elevated interest rates continue to constrain people's budgets. Perceived financial stress remains high, most consumers continue to report spending cuts, and pessimism about future economic conditions persists. Canadians' perceptions of the labour market have weakened this quarter, especially among private sector employees. Yet overall wage growth expectations reached a new survey high, driven by public sector employees.

2024-06-24 - Making the labour market work for everyone
Governor Tiff Macklem talks about how the labour market has adjusted to higher interest rates and slower economic growth. He also discusses how a strong, inclusive labour market is key to growth in the long run.

2024-06-19 - Summary of Governing Council deliberations: Fixed announcement date of June 5, 2024
This is an account of the deliberations of the Bank of Canada's Governing Council leading to the monetary policy decision on June 5, 2024.

2024-06-13 - Reviewing our pandemic actions
Deputy Governor Sharon Kozicki talks about the importance of central bank transparency and accountability. She looks at the exceptional monetary policy measures the Bank of Canada used during the COVID-19 pandemic and analyzes their effectiveness.

2024-06-12 - Central banking: Navigating in a new world
Governor Tiff Macklem looks back on the lessons learned from post-pandemic inflation and discusses the challenges ahead.

2024-06-05 - Bank of Canada reduces policy rate by 25 basis points
The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.