Oaken Blog

The benchmark rate is higher now than it has been in a decade and could continue to climb. read more

Recent employment and economic progress reports suggest that the strong growth recorded by the Canadian economy during much of 2018 could be slowing. read more

Bank of Canada interest rate announcements always attract significant media and public attention. That’s because interest rates have an impact on all Canadians. read more

In discussing its recent decision to hold the benchmark lending rate steady at 0.5 percent, Bank of Canada Governor Stephen Poloz did not rule out the possibility of implementing a negative interest rate if the economy doesn’t show increased strength in the coming months. read more