Bank of Canada extends pause on rate hikes, expects slower growth

October 25, 2023 |Claire Fan, Economist, Royal Bank of Canada
In line with our and market’s expectations, the Bank of Canada (BoC) opted to hold the overnight rate steady at 5% at today’s meeting, extending a pause after also foregoing a hike in September. The central bank (also as expected) maintained a clear hiking...
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Five ways to help small business

Five ways to help small business

June 10, 2020 |RBC Thought Leadership

“Too big to fail" was the guiding principle for policymakers as they shored up systemically important banks, insurers and supply chains during the 2008-2009 global financial crisis.

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How small businesses are navigating the crisis

How small businesses are navigating the crisis – with creativity and innovation

June 09, 2020 |John Stackhouse

Many Canadian small businesses weren't ready to withstand the economic onslaught that COVID-19 brought in mid-March.

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