Market news
01.03.2017, 15:19

BoC says recent data on global and canadian economies are consistent with bank's projection of improving growth

  • Canadian dollar, bond yields remain near levels observed in january

  • Looking through recent rise in overall inflation, since effect of higher energy prices will be temporary

  • Q4 canadian growth may have been slightly stronger than expected, says exports continue to face competitiveness challenges

  • Despite recent Canada job gains, subdued growth in wages and hours worked continue to reflect persistent economic slack uncertainties" weighing on its outlook

  • Three measures of core inflation, taken together, continue to point to material excess capacity in economy

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