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Latest Bank of Canada Stories

2014-07-10 16:23:35

TORONTO, July 10, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on July 16, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the rest of 2014, but called for a target of 1.75 by July 2015. The MPC provides an independent...

2014-06-06 08:27:02

Up to $40 Million in combined loan purchase and warehouse capacity provided to Support Financeit Expand Consumer Financing Program TORONTO, June 6, 2014 /PRNewswire/ - Financeit (www.financeit.io), which provides a platform that enables businesses to offer consumer financing to their customers from any device, has closed a $35 million renewable purchase facility and a $5 million warehouse line facility with Pacific & Western Bank of Canada (www.pwbank.com). "Financeit is focused...

2014-05-29 16:24:29

TORONTO, May 29(th), 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on June 4, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the fall of this year, but called for a target of 1.25 by June 2015. The MPC provides an...

2014-05-02 04:21:06

GUELPH, Ontario, May 2, 2014 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that the National Bank of Canada will provide the Company with C$115.5 million, in short-term construction financing. The credit facility will be used to support the construction of three solar power projects in Ontario, Canada, totaling 30 MWac. The three solar power projects - "Sparkle Light"...

2014-04-10 16:22:23

TORONTO, April 10, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on April 16, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the fall of this year, but called for a target of 1.25 by April 2015. The MPC provides an...

2014-04-02 23:22:32

Appnovation CEO highlighted as one of the brightest stars of young gun entrepreneurs Vancouver, BC (PRWEB) April 02, 2014 Appnovation Technologies is proud to announce that their CEO, Arnold Leung, has been named to BC Business’ inaugural Top 30 Under 30 list for 2014. BC Business’ intent in creating the list is to celebrate “BC’s young guns who excel in their respective industries, give back to their community and planet and who will lead business in (BC) for years to come.”...

2014-02-27 16:25:30

TORONTO, Feb. 27, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on March 5, 2014. The Council further called for the Bank to hold the target at 1.00 percent through to March 2015. The MPC provides an independent assessment of the monetary stance appropriate for...

2014-02-04 12:25:57

NEW YORK, Feb. 4, 2014 /PRNewswire/ -- Web researchers Change Sciences Group released new data today comparing the consumer banking experience on the top Canadian bank web sites. According to the research, US banks are still the leaders by a slight margin when it comes to usability, but Canadian banks provide an experience that made users happier and more likely to recommend. Despite the higher happiness score, however, the data shows that Canadian banks have room for improvement on...

2014-01-23 08:35:28

LONDON, Jan. 23, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:Mobile Payment (mPayment) Market Report 2013-2023 : The Future of NFC, m-Commerce, m-Banking, P2P Transfers, and Mobile Money Report DetailsMobile payments (mPayments) utilise both network assets and in-device components to deliver mobile applications capable of making payments for a range of services, dependent upon the market. Although the infrastructure is not yet in place for...

2014-01-16 16:22:28

TORONTO, Jan. 16, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on January 22, 2014. The Council further called for the Bank to hold the target at 1.00 percent through to January 2015. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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