Stephen Poloz

Just two days shy of the anniversary of the most recent change to the key interest rate, the Bank of Canada (BoC) announced it will not use its most powerful policy tool today. The target for … Read More

The Bank of Canada (BoC) announced this morning it would leave the target for the overnight rate at 0.50%, where it’s been since July 2015. The target for the overnight rate is also known as the … Read More

The Bank of Canada (BoC) made its regularly scheduled interest rate announcement this morning and confirmed there would be no change to the target for the overnight rate.

This morning, the Bank of Canada (BoC) announced it would cut the overnight lending rate by 25 basis points to 0.50%. This follows intense speculation in the media that a rate cut was necessary to stimulate … Read More

This morning, the Bank of Canada (BoC) announced it would leave the overnight lending rate at 0.75% for another seven weeks, confirming analyst expectations.

This morning, the Bank of Canada (BoC) announced it would leave the overnight lending rate at 0.75% for another six weeks – and while it didn’t necessarily come as a surprise, we’re certain that Governor Stephen … Read More

This morning, the Bank of Canada (BoC) announced it was going to leave its overnight lending rate at 0.75% for another six weeks. It was the first announcement since the BoC made an unexpected rate cut … Read More

This morning, Governor Stephen Poloz announced that the Bank of Canada (BoC) was dropping its overnight lending rate by 0.25%, from 1.00% down to 0.75%. This is the first time the interest rate has changed since September … Read More

This morning, Governor Stephen Poloz announced that the Bank of Canada (BoC) would leave its overnight lending rate at 1.00% for another seven (7) weeks. Since any change to the overnight rate would directly result in … Read More

Well, it’s official: the Bank of Canada (BoC) is leaving its overnight interest rate at 1.00% for another six weeks – a position it has held since September 2010. Since any change to the overnight rate … Read More