A Timeline of Bank of Canada Rate Hikes Introduction The Bank of Canada has been on a rate-hiking spree over the past year and a half, raising interest rates from a low of 0.25 per cent in March 2022 to the current rate of five per cent. However, with inflation showing signs of trending downward […]
Bank of Canada‘s Deputy Governor, Paul Beaudry, to Present Economic Progress Report Introduction On June 8, 2023, Paul Beaudry, the Deputy Governor of the Bank of Canada, will be presenting a speech on the state of the Canadian economy to the Greater Victoria Chamber of Commerce. The speech will provide an update on the country’s […]