Post Tagged with: "Bank of Canada"

Canada May Need Two Years to Recover from Oil Price Drop

Canada May Need Two Years to Recover from Oil Price Drop

Bank of Canada sees the commodity sector shrinking as part of the overall economy

Models run by Bank of Canada predict that it could take two years for the country to recovery from the dramatic downturn in oil prices. Bank …

April 4, 2016 - 5:49 pm — Canada, Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Bank of Canada Holds Interest Rate Ahead of Federal Budget

Bank of Canada Holds Interest Rate Ahead of Federal Budget

Bank of Canada holds the overnight rate at 0.5%

The Bank of Canada announced that it would continue to hold its overnight interest rate at 0.5%. Economists were split down the middle regarding whether or not the Bank of Canada …

January 20, 2016 - 5:09 pm — Canada, Closing Bell Story‎, Finance, Oil and Gas 360 Articles
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