Tag Archives: Bank of Canada

Bank of Canada Governor: Commodities ‘Unambigiously Good’ For Canada

Wading into a national debate that was ignited by a controversial claim by Thomas Mulcair, leader of Canada’s left-leaning National Democratic Party (NDP), that Canada’s booming resource sectors harm the overall Canadian economy- the so-called ‘Dutch Disease’ hypothesis, Bank of … Continue reading

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Canadians Now Wealthier Than Americans, Mostly Due to Housing Prices

A report that first surfaced on Canada Day stating that Canada now has higher average household net worth than the US set the news media on both sides of the border buzzing. Advocates of robust government intervention in the economy … Continue reading

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Inflation Drops to 1.2% in May, Reducing Likelihood of Rate Hike

Prices increased 1.2 percent in the 12 months leading up to May, a drop of 0.8 percent from the annual inflation rate in April, according to a report released by Statistics Canada today, a development that could keep interest rates … Continue reading

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