Paul Martin: Rising oil prices could put Bank of Canada rate hikes back on the table

Paul Martin: Rising oil prices could put Bank of Canada rate hikes back on the table

Business and economic commentator Paul Martin examines how rising inflation and oil prices could influence the Bank of Canada's next rate decision.

Interest rate hike could be on the way

Don’t be surprised if we see an interest rate hike this week. That’s the message from the economists at ScotiaBank who say higher inflation flowing from rising oil and gasoline prices may push the Bank of Canada in that direction. While they say it is not a done deal, they think the run of lower […]