Tag

Canadian dollar

Money

The Bank of Canada could hike next week — markets just went from "maybe" to "almost certain"

Hawkish weekend comments from Governor Tiff Macklem flipped the odds of an Oct. 28 rate increase from roughly 35% to nearly 85% in days, as $110 oil collides with a 3.1% inflation print.

Money

Macklem says the Bank of Canada will lift its inflation forecast sharply — and put an Oct. 28 rate hike squarely on the table

From Bangkok on Saturday, the Bank of Canada governor warned that surging oil prices are raising the risk of broader, more persistent inflation — and asked out loud the question every mortgage holder is dreading.

Money

Why is the Canadian dollar sinking?

The petrodollar playbook says this can't happen. The rate gap, the trade war and a decade of neglected productivity say otherwise.