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Upbeat BoC report boosts chance of rate hike - The Globe and Mail;

Upbeat BoC report boosts chance of rate hike - The Globe and Mail

The Globe and MailUpbeat BoC report boosts chance of rate hikeThe Globe and MailIf Bank of Canada Governor Stephen Poloz wanted more evidence that it may be time to start raising interest rates, he got it with an unequivocally upbeat reading of the mood of Canadian businesses. Virtually all key indicators of business activity are ...and more »

Loonie notches nine-month high on oil price climb, rate hike bets - The Globe and Mail;

Loonie notches nine-month high on oil price climb, rate hike bets - The Globe and Mail

The Globe and MailLoonie notches nine-month high on oil price climb, rate hike betsThe Globe and MailThe Canadian dollar hit a nine-month high against its U.S. counterpart on Friday, boosted by higher oil prices and domestic growth which supported the Bank of Canada's recent switch to a more hawkish stance. The central bank also said Canadian ...and more »

CANADA FX DEBT-C$ notches 9-month high on oil price climb, rate hike bets - Nasdaq;

CANADA FX DEBT-C$ notches 9-month high on oil price climb, rate hike bets - Nasdaq

NasdaqCANADA FX DEBT-C$ notches 9-month high on oil price climb, rate hike betsNasdaq... * Canadian dollar at C$1.2967, or 77.12 U.S. cents * Loonie touches its strongest since Sept. 9 at C$1.2947 * Bond prices lower across the yield curve By Alastair SharpTORONTO, June 30 (Reuters) - The Canadian dollar hit a nine-month high against ...and more »

Businesses in Canada the most optimistic they've been in 6 years: poll - Globalnews.ca;

Businesses in Canada the most optimistic they've been in 6 years: poll - Globalnews.ca

Globalnews.caBusinesses in Canada the most optimistic they've been in 6 years: pollGlobalnews.caOTTAWA – The Bank of Canada says business sentiment has reached its highest level since 2011 with corporate expectations for key areas like future sales, investment and hiring intentions all above historical averages. The findings Friday in the bank's ...and more »

Four simple ways to cope with rising Canadian currency - The Globe and Mail;

Four simple ways to cope with rising Canadian currency - The Globe and Mail

The Globe and MailFour simple ways to cope with rising Canadian currencyThe Globe and MailWhat do you recommend investors do now that the Canadian dollar is rising against the U.S. dollar? When it comes to currencies, Canadian investors face a dilemma. On the one hand, we're told that Canada makes up only a small percentage of the global ...and more »

It's a Very Happy Birthday for the Economy as Canada Turns 150 - BloombergQuint;

It's a Very Happy Birthday for the Economy as Canada Turns 150 - BloombergQuint

BloombergQuintIt's a Very Happy Birthday for the Economy as Canada Turns 150BloombergQuintReports on the eve of the national day showed solid economic growth and business confidence that confirm the country has bid farewell to its oil crisis. Statistics Canada released April gross domestic product data on Friday that showed the economy ...and more »

Bank of Canada focus on 2015 rate cuts lowers bar for July hike - Reuters Canada

Bank of Canada focus on 2015 rate cuts lowers bar for July hikeReuters CanadaTORONTO (Reuters) - Top Bank of Canada officials' recent assertions that a pair of 2015 interest rate cuts did their job in cushioning the economy from collapsing oil prices appear to be paving the way for a tightening move as soon as next month. By ...and more »

Bank of Canada sees upbeat business mood, setting stage for rate hikes - Reuters Canada;

Bank of Canada sees upbeat business mood, setting stage for rate hikes - Reuters Canada

Reuters CanadaBank of Canada sees upbeat business mood, setting stage for rate hikesReuters CanadaOTTAWA (Reuters) - Canadian companies are more optimistic about future sales and exports, while improving demand is driving capacity pressures that should boost investment and hiring, the Bank of Canada said in a report on Friday that increased ...and more »

Loonie continues to soar on rate hike expectations, as North American indexes slide - Vancouver Sun

Loonie continues to soar on rate hike expectations, as North American indexes slideVancouver SunTORONTO — The Canadian dollar continued to climb Thursday as speculation grew that the Bank of Canada is ready to raise its key interest rate sooner rather than later. The loonie touched 77 cents US for the first time since February during the session ...and more »

With optimism at 6-year high, businesses expect higher sales and more hiring - CBC.ca;

With optimism at 6-year high, businesses expect higher sales and more hiring - CBC.ca

CBC.caWith optimism at 6-year high, businesses expect higher sales and more hiringCBC.caThe Bank of Canada has served up more evidence that the economy is revving up, releasing its latest quarterly business outlook survey that shows companies expect higher sales and more hiring. The central bank said Friday that firms expect sales growth ...and more »

Who will win and lose if the central bank raises interest rates? - CTV News;

Who will win and lose if the central bank raises interest rates? - CTV News

CTV NewsWho will win and lose if the central bank raises interest rates?CTV NewsTORONTO -- Another month of solid growth for the Canadian economy in April and upbeat survey results from the Bank of Canada have strengthened expectations that the central bank will soon begin increasing interest rates for the first time in seven years.and more »

Bank of Canada business survey fuels interest rate speculation - Stockhouse;

Bank of Canada business survey fuels interest rate speculation - Stockhouse

StockhouseBank of Canada business survey fuels interest rate speculationStockhouseThe Bank of Canada says business sentiment has reached its highest level since 2011, raising speculation that higher interest rates are coming soon. The Bank of Canada said corporate expectations for key areas like future sales, investment and hiring ...and more »

Canadian Central Bank Survey Signals Sales, Hiring to Gather Steam - Wall Street Journal (subscription);

Canadian Central Bank Survey Signals Sales, Hiring to Gather Steam - Wall Street Journal (subscription)

Wall Street Journal (subscription)Canadian Central Bank Survey Signals Sales, Hiring to Gather SteamWall Street Journal (subscription)OTTAWA—Canadian firms expect sales prospects to improve over the next year, and are accelerating hiring plans to help meet strong domestic demand, the Bank of Canada said Friday. The results of the central bank's quarterly business-outlook survey, ...and more »

Broadening Growth Key to Bank of Canada's Hawkish Shift: Chart - Bloomberg;

Broadening Growth Key to Bank of Canada's Hawkish Shift: Chart - Bloomberg

BloombergBroadening Growth Key to Bank of Canada's Hawkish Shift: ChartBloombergOne reason for the Bank of Canada's shift to a hawkish tone: the economy's firing on more cylinders. A diffusion index shows 86 percent of key sub-industries tracked by the central bank have expanded on an annual basis as of April's GDP data released ...and more »

Bank of Canada Business Outlook Survey: Capacity Pressures Increase - Economic Calendar;

Bank of Canada Business Outlook Survey: Capacity Pressures Increase - Economic Calendar

Economic CalendarBank of Canada Business Outlook Survey: Capacity Pressures IncreaseEconomic CalendarThe latest Bank of Canada business outlook survey reported a sharp increase in sales to the highest level since the first quarter of 2015 and there were expectations of further growth over the next few months driven by expansion in the services sector ...and more »

Bank of Canada Sees the Strongest Business Outlook Since 2011 - Bloomberg;

Bank of Canada Sees the Strongest Business Outlook Since 2011 - Bloomberg

BloombergBank of Canada Sees the Strongest Business Outlook Since 2011BloombergCanadian business leaders reported the strongest outlook since 2011 including record hiring plans, according to a central bank survey. The overall Business Outlook Survey Indicator -- an aggregate gauge -- measured 2.81, up from 0.73 in the last report ...and more »

USD/CAD - Happy 150th Birthday, Canada! - Baystreet.ca;

USD/CAD - Happy 150th Birthday, Canada! - Baystreet.ca

Baystreet.caUSD/CAD - Happy 150th Birthday, Canada!Baystreet.caThe Canadian dollar continues to outperform its U.S. counterpart. Recent gains from the loonie have come from the market pricing in an interest rate hike from the Bank of Canada at its July 12 meeting. Adding fuel to already hot currency are higher oil ...and more »