Stephen Poloz

When central bankers dropped interest rates during the financial crisis, finance ministers leaned too hard on household debt. That trend may finally be changing.

Officials in the PMO reportedly aren’t happy that interest rates are rising. Bill Morneau needs to forcefully signal his confidence in the Bank of Canada, now.

Econo-metrics: With the Bank of Canada raising interest rates, the big banks have been quick to follow suit. That never seems to happen when rates are falling.

Household debt, weak investment and uncertainty about inflation makes everything about the economy feel temporary. Including Wednesday’s rate bump.

Econ-o-metric: Today may go down in history as the day Canada shook off its hangover from the financial crisis

Here are six animated graphs that show Canada’s economic turnaround in action—and one that shows what’s still missing

Canadians have come to expect ever cheaper debt. An interest rate hike this week would mark the reversal of that trend.

Even though core inflation is weak, the Bank of Canada believes faster consumer price increases are on the way, but there are serious risks if that forecast is wrong

For the first time since oil prices crashed, strong job growth has the Bank of Canada worried about inflation, meaning higher interest rates are coming

The Bank of Canada says we won’t have a U.S.-style housing crash, but we resemble pre-crisis America in other dangerous ways