Rate hikes by the Reserve Bank of Australia have led some analysts to wonder if the Bank of Canada will be soon following suit. David A. Rosenberg, Chief Economist & Strategist at Gluskin Sheff, is not one of them.

It's the question everyone wants answered: when will the recession end? Yesterday, the Bank of Canada's governor responded to all those wondering when the downturn (or financial crisis, or Great Recession or almost-but-not-quite depression) will be over. And his answer? Today!

March is Fraud Prevention Month and the Bank of Canada is telling Canadians how to spot counterfeit money. I was rather amazed to discover how many security features are embedded on paper currency. The $20 bill has at least six.

David Dodge’s c.v. (emphases added): Mr. Dodge, appointed Governor of the Bank of Canada, effective 1 February 2001 for a term of seven years, retired on 31 January 2008. As Governor, he was Chairman of the Board of Directors of the Bank.

There's a fight shaping up in Ottawa and Toronto and it's not a Conservatives versus Liberal battle royale. On one side of the ring are the optimists, people like the Bank of Canada's governor Mark Carney and, now, Prime Minister Stephen Harper, while, scowling on the other side, are the ...

Re the coordinated rate 50 basis-point rate cuts by central banks this morning, including Canada's. Far be it from me to criticize central bankers, but my first response was "Holy Moley" and the second was "Oh that again..." Seems to me they have admitted that the situation is dire by ...

A lot of people are suddenly wondering if they should lock in fixed rates on their variable-rate mortgages. A trigger was last week’s rather substantial jumps in Canadian fixed-rate mortgages and news reports warning that growing inflationary pressures entail an uptrend in fixed-rate mortgages.

Yesterday’s decision by the Bank of Canada not to lower its discount rate as universally expected may have been a shock to economists but it also represents a watershed event of sorts in the conduct of monetary policy. It signals a welcome shift in focus from the core CPI rate ...

Surprised that Bank of Canada Governor Mark Carney didn't lower the overnight rate? Everyone expected he would. But in the great balancing act that is monetary policy—between worries over inflation (driven by soaring commodity prices) and concerns over economic growth (sucking wind in Canada lately)—it seems that the scales of ...