Mark Carney: The man who speaks the truth

In this age of spin, rare are the voices that speak with candour. Certainly, the federal government’s vast apparatus can’t be counted on to speak the truth, not with the Harper party’s partisan manipulation of every utterance. Nor can anyone count on the opposition parties, whose game it is to embarrass the government. In the […]

A better way to tap home equity

If you can’t live within your means in your working years, there’s no reason to believe you’ll pull it off in retirement. So let’s start familiarizing ourselves with the options for retirees who didn’t save enough to live the kind of lifestyle they want. One is to go back to work. Easy to say, but […]

Get more out of your TFSA

Canadians love Tax-Free Savings Accounts, but are you getting the full benefit? We spoke to six savvy savers to find out how you can do better When Tax-Free Savings Accounts (TFSAs) first appeared in January 2009, millions of Canadians embraced them with open arms—and open wallets. Even if we’re not a nation of diligent savers, […]

Bank of Canada to stay ‘flexible’ on interest rates

JEREMY TOROBIN The Bank of Canada will continue to take a loose approach to meeting its 2-per-cent inflation target because of the deteriorating global outlook and a European debt crisis that is “barely contained,” Governor Mark Carney says. In his first remarks on inflation-control since the federal government renewed the central bank’s mandate earlier this […]

Euro recession will depend on banks: Carney

http://www.bnn.ca/News/2011/11/08/Euro-recession-will-depend-on-banks-Carney.aspx The euro zone is headed for at least a brief recession, but the nature and length of the slump and the degree to which it affects other parts of the world depends on how the region’s lenders choose to repair their balance sheets, Bank of Canada Governor Mark Carney warns. Moves by the European […]

The Bank of Canada released a special issue of its Review, “Lessons from the Financial Crisis”

The Bank of Canada released a special issue of its Review, “Lessons from the Financial Crisis,” which examines the recent research on the role of liquidity in the financial system, and the public policy responses that aimed to restore stability to the financial system during the crisis and foster economic recovery.

BoC ups growth, stands pat on rates

OTTAWA — The Bank of Canada boosted its growth forecast Tuesday but threw a curve ball at Bay Street expectations for a July interest-rate hike by warning the “persistent strength” in the loonie could cause even greater headwinds for the economy. While some analysts still expect the central bank to start raising rates in July […]

« Previous Page