Posted AT 11:55 AM EDT on 16/01/07
Bank of Canada leaves rates alone
The Bank of Canada left its key lending rate unchanged at 4.25 per cent on Tuesday, the fifth time in a row it hasn't budged, and said risks to its outlook are “roughly balanced.”
The move comes amid questions over how much the U.S. slowdown is affecting the Canadian economy, and exports in particular. In its statement, the central bank indicated that the worst is over.
“There are signs that a significant amount of the adjustment in the U.S.
The full text of this article has 494 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -535.02 | 9,065.16 |
| DJIA | -128.00 | 8,451.19 |
| S&P 500 | -10.70 | 899.22 |
| Nasdaq | +4.39 | 1,649.51 |
| Stock Profile | Sponsored by: |
|---|---|
 |
The close: Stocks gone wild!
Dow, S&P 500 down 18.2 per cent on the week
-
Globe video:
Will we miss the Monday blues?
MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Europe would guarantee inter-bank loans: draft declaration 2:28 PM
|
| 2. | The Depression's history lessons 10/10/08 9:41 PM
|
| 3. | Flaherty vows to speed up infrastructure projects 11/10/08 4:03 PM
|
| 4. | Auto merger has many pitfalls, few advantages 11/10/08 11:34 AM
|
| 5. | Experts' guidelines to surviving the freefall 10/10/08 6:04 PM
|
| 6. | Reorganized crime 26/09/08 6:00 AM
|
| 7. | Who owns CMHC and can it go under? 09/10/08 7:39 AM
|
| 8. | Chrysler, GM discussing merger, acquisition 11/10/08 5:40 PM
|
| 9. | kitchen business 14/08/07 6:09 PM
|
| 10. | Finance 12/04/07 4:09 PM
|
Executive Decision
- André Mika: Hockey Night in Cyberland
- Strategy: To drive NHL revenue growth through subscriptions that allow fans to watch games over the Internet
1
Five Things
- The good news you missed
- Scotia raises $950-million, manufacturers get a lower loonie
Incubator Podcast
- Retailing in tough times
- Wendy Evans on what store owners should expect this holiday season
Earlier Discussion
- Do regulations help or hinder entrepreneurs?
- Do the regulations that government places on small businesses make it more difficult for them to grow and be competitive?
Adhocracy
- The Final Days
- Plus: Jack Layton's World
The Law Page
- A deal is a deal, right?
- Agreements once considered iron-clad are being revisited
ROB Magazine
- Leave it to Premji
- A humble multibillionaire sets a middle-class example to help India prosper
AVNER MANDELMANThe world economy is comatose. What it will take to rouse it
JOHN HEINZLSTARS AND DOGS
ROB CARRICKExperts' guidelines to surviving the freefall
DEREK DECLOETHISTORY LESSONS