January 20, 2016
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January 20, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.
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Press releases
January 20, 2016
Growth in Canada’s economy is expected to reach 1.4 per cent this year and accelerate to 2.4 per cent in 2017.
Monetary Policy Report – January 2016
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Publications,
Monetary Policy Report
January 11, 2016
Overall, responses to the winter Business Outlook Survey indicate that business sentiment has deteriorated as the negative effects of the commodity price shock continue to unfold and spread beyond the resource sector. However, exporters not directly affected by lower commodity prices continue to benefit from strong U.S. demand and the weak Canadian dollar.
Business Outlook Survey - Winter 2015-16
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Publications,
Business Outlook Survey
January 11, 2016
The survey results suggest that overall business-lending conditions tightened slightly during the fourth quarter of 2015.
Senior Loan Officer Survey - Fourth-Quarter 2015
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Publications,
Senior Loan Officer Survey