Policy makers left interest rates unchanged for a seventh straight meeting
At its decision Wednesday, policy makers left rates unchanged for a seventh straight meeting
Some say that the case is strong for further rate holds, while others say that lower rates are imminent
The lender had trounced its peers with 12% year-over-year gains in mortgage growth through the first three quarters of 2017 -- until the pendulum began to swing the other way
The Canadian dollar rose to C$1.3280 per U.S. dollar after the decision was announced
This has not been a deterrent to market activity, however
The bank has recently asserted its market presence in Latin America and the U.S.
Shrinkage came amid household mortgage credit growing at its fastest pace in two years
Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group Co.
By and large, the market has apparently adjusted to the changes introduced by B-20