April 7, 2025 Business Outlook Survey—First Quarter of 2025 Business conditions have deteriorated due to the trade conflict with the United States, according to results from the Business Outlook Survey and the Business Leaders’ Pulse. Sales outlooks have softened, particularly for exporters. Firms reported having sufficient capacity, and many are delaying investment and hiring decisions amid uncertainty. Firms expect that widespread tariffs would raise costs and lead to higher selling prices. In this context, expectations for inflation are higher than they were last quarter. Content Type(s): Publications, Business Outlook Survey
April 1, 2024 Business Outlook Survey—First Quarter of 2024 Business sentiment and sales growth expectations have stopped falling, according to firms responding to the Business Outlook Survey and the Business Leaders’ Pulse. But demand remains subdued, which is allowing price pressures and the labour market to ease. As a result, fewer firms than in the previous survey are planning unusually large or frequent price increases over the next 12 months. Content Type(s): Publications, Business Outlook Survey
The rise in the Canadian term premium in a global context Sparks at Bank article Eugene Trostin, James Ketcheson, Antonio Diez de los Rios In Canada and abroad, yields on long-term government bonds have stayed high even as policy interest rates have fallen. This is due to rising term premiums―the extra compensation investors demand for holding these bonds. A key factor driving higher term premiums is global concerns about the ability of markets to absorb substantial amounts of government debt. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Financial markets and funds management, International markets and currencies, Market functioning, Monetary policy, Monetary policy framework and transmission
June 13, 2007 Governor Dodge Discusses the Implications of Demographics on Monetary Policy Media Relations St. John's, Newfoundland and Labrador Demographic trends and the effect of Canada's aging population have begun to have an impact on the Canadian monetary policy, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
August 28, 2001 Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate* by one-quarter of one percentage point to 4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/4 per cent. With today's action, the total reduction in interest rates by the Bank this year amounts to 1 3/4 percentage points. Content Type(s): Press, Press releases
July 20, 2010 Bank of Canada increases overnight rate target to 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Content Type(s): Press, Press releases
October 20, 2009 Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010 Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. Content Type(s): Press, Press releases
February 17, 2005 Monetary Policy and Exchange Rate Movements Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia Every year, the Canadian Press surveys news directors and editors to select the top business story of the year. In 2004, they picked the rise of the Canadian dollar. That was not a surprising choice. Content Type(s): Press, Speeches and appearances, Remarks
April 1, 2016 Business Outlook Survey - Spring 2016 Business sentiment in the spring Business Outlook Survey improved but remains subdued overall. The positive impetus coming from sustained foreign demand continues to be largely offset by the persistent drag and spillovers from the oil price shock. Content Type(s): Publications, Business Outlook Survey
July 9, 2012 Business Outlook Survey - Summer 2012 Responses to the summer survey suggest that businesses generally remain positive about the outlook, but are mindful of renewed uncertainty regarding the global economic environment. Content Type(s): Publications, Business Outlook Survey