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Latest Bank of Canada Stories

2014-08-28 16:24:57

TORONTO, Aug. 28, 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 September 3, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the spring of 2015, but called for a target of 1.50 a year from now. The MPC provides an...

2014-08-25 08:20:25

Order includes 50 737 MAX 8s, 30 Next-Generation 737-800s, two 777-300ERs SINGAPORE, Aug. 25, 2014 /PRNewswire/ -- Boeing (NYSE: BA) announced today an order by BOC Aviation for 50 737 MAX 8s, 30 Next-Generation 737-800s and two 777-300ERs (Extended Range). The order, valued at $8.8 billion at list prices, is the largest in BOC Aviation's 20-year history and part of the Singapore-based leasing company's effort to grow its portfolio of fuel-efficient airplanes. "Following the...

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...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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