Bank of Canada

@bankofcanada.ca

The official account of Canada’s central bank. Promoting your economic and financial welfare. Working to keep inflation low. Terms: https://bit.ly/42UsUGk | En français: @banqueducanada.ca

ICYMI: We maintained our interest rate at 2.25%. After a year of weakness, Canada’s economy is showing signs of improvement. Growth is expected to pick up, and inflation is projected to gradually ease. But uncertainty is still high. For more: https://bit.ly/3QVtq68

After a year of weakness, Canada’s economy is showing signs of improvement. Businesses are adjusting to a changing environment, and growth is expected to pick up. If oil and gasoline prices decline, inflation will gradually ease from its recent peak. 🔗 Read the MPR: https://bit.ly/4f5Infa

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❌Myth: You need to act quickly before your unclaimed balances become unavailable. ✅Fact: We hold unclaimed balances securely for decades, giving owners and estates plenty of time to come forward. Search the official database when it’s convenient for you: https://bit.ly/4w2G8yX

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📊 JUST IN: Results from the latest Business Outlook Survey show that business sentiment deteriorated from last quarter, and sales outlooks have softened slightly. However, firms’ export outlooks have improved, and investment intentions remain strong. 👉Read the full results: https://bit.ly/4giyKL0

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ICYMI: Growing global imbalances combined with vulnerabilities in the financial system can weaken the global economy. Coordinated action is needed to build resilience. Governor Macklem unpacks the risks of rising global imbalances and the steps needed to fix it. 👉 https://bit.ly/4uTY5yo