Tag: interest rates

TD – Weekly Bottom Line

Highlights: • While most major currencies appreciated against the greenback this week, the Canadian dollar remained largely unchanged from at U.S. $0.97. Some of this underperformance can be explained by market expectations that the pace of the Canadian economic recovery has begun to wane • This view was supported in the data released this week […]

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Higher interest rates on way, Carney warns.

March 25, 2010 Les Whittington Bank of Canada Governor Mark Carney prepares to testify before the Commons finance committee on Parliament Hill in Ottawa. (Oct. 27, 2009) CHRIS WATTIE/REUTERS OTTAWA–Bank of Canada Governor Mark Carney has put Canadians on notice that today’s rock-bottom borrowing costs are likely headed upwards by midsummer – if not sooner. […]

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