July 11, 2018
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July 11, 2018
Bank of Canada raises overnight rate target to 1 ½ per cent
The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent.
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Press releases
July 11, 2018
Real GDP in Canada is expected to grow by 2.0 per cent in 2018, 2.2 per cent in 2019 and 1.9 per cent in 2020.
Monetary Policy Report – July 2018
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Monetary Policy Report
June 29, 2018
Supported by expectations of sustained demand, responses to the summer Business Outlook Survey point to continued business optimism, particularly outside the energy-producing regions. In this context, firms reported increasing pressures on capacity and prices.
Business Outlook Survey - Summer 2018
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Publications,
Business Outlook Survey
June 29, 2018
Survey results for the second quarter of 2018 suggest that overall lending conditions eased somewhat, both for households and business, driven by competition for mortgage and corporate lending.
Senior Loan Officer Survey—Second Quarter of 2018
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Publications,
Senior Loan Officer Survey