Tag Archives: Bank of Canada

Poloz: selling life in the slow lane

It’s in business leaders’ DNA to expect big returns. So what should we make of the Bank of Canada’s rush to embrace and preach the doctrine of slow growth?
By Ian McGugan
December 15th, 2016

Senior executives have one overwhelming goal, at least so far as shareholders are concerned, and that goal is to create decent returns on the money invested in their companies. But what constitutes a reasonable profit in this age of low … Continue reading

Posted in Economy, Handbook | Tagged , , ,

Low rate rendezvous

Outside the U.S., interest rates are trending down, not up. For the Bank of Canada, the goal is a lower dollar that boosts exports. But if you’re counting on that for your business, here are a few thoughts to keep in mind
By Ian McGugan
May 15th, 2015

Beware falling interest rates. They’re evidence of how desperately most countries want to goose their underperforming economies and mark down their currencies. Since the oil price crash last year, roughly two dozen central banks around the world have eased back … Continue reading

Posted in Economy, Top Stories | Tagged , , , , ,

Going to extremes

With interest rates near zero, central banks are looking at new, more exotic ways to boost growth. Suggestions: a long-term rate freeze, setting targets for nominal GDP rather than inflation, or—yes—putting a tax on savings
By Ian McGugan
September 25th, 2012

Happy birthday, financial crisis. Five years ago, in August 2007, BNP Paribas announced that because of losses related to U.S. housing loans, it was freezing three investment funds that at their peak had been worth more than $2 billion. So, … Continue reading

Posted in Economy | Tagged , , , , , ,