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Toronto, Ontario
Reporter, Financial Post — National Post
As seen in:  National Post, Vancouver Sun

Reporter for the @financialpost, business section of the @nationalpost. Write about investing and economics. Based in Toronto.

Bank of Canada’s rate cut puts training wheels on Canada’s two-speed economy

nationalpost.com — The Bank of Canada on Wednesday became the first major developed world bank to cut interest rates in response to collapsing oil prices, warning the resulting fallout poses a threat to Canada's economy and financial stability.

Markets eye Bank of Canada rate cut for first time as oil rout damage deepens

business.financialpost.com — Collapsing oil prices and a weakening economy are pushing markets to start pricing in a potential interest rate cut by the Bank of Canada this year. Those expectations grew Tuesday after Bank of Canada deputy governor Timothy Lane gave a speech in Madison, Wisc., that economists saw as tilting more dovish than usual.

Top five takeaways from Bank of Canada’s surprise rate cut

business.financialpost.com — The Bank of Canada surprised markets Wednesday with a 25 basis point cut to its benchmark interest rate. It marks the first time since September 2010 that the bank has moved on rates, though the move was completed unexpected. Governor Stephen Poloz called the cut "insurance" against low oil prices and their harm to the Canadian economy.

IMF cuts global growth forecast amid ‘sizable uncertainty’ about oil price path

business.financialpost.com — The International Monetary Fund cut its global growth forecast Monday, saying any economic boost from lower oil prices would be undermined by other setbacks, while growth from a stronger-than-expected U.S. economy would not offset slowing growth in the rest of the world.

Fed will still hike mid-year despite risks: Scotiabank

business.financialpost.com — Strong U.S. economic growth means the Fed will opt to hike interest rates by mid-year, despite growing concerns about weak inflation and currency risks, say Scotiabank economists. Market watchers have recently begun to raise questions whether the U.S. Federal Reserve might delay hikes.

Markets eye Bank of Canada rate cut for first time as oil rout damage deepens

nationalpost.com — Collapsing oil prices and a weakening economy are pushing markets to start pricing in a potential interest rate cut by the Bank of Canada this year. Those expectations grew Tuesday after Bank of Canada deputy governor Timothy Lane gave a speech in Madison, Wisc., that economists saw as tilting more dovish than usual.

Winter weather weighs on natural gas bulls

business.financialpost.com — Winter thus far has been a mix of cold and mild weather, nothing like last year's series of polar blasts across the Midwest and into the eastern U.S. With such ups and downs, natural gas traders betting on rising demand and rising prices have been left looking for glimmers of hope for cold in the remaining weeks of the season.

TSX slightly higher after two days of declines, oil prices fall further

business.financialpost.com — The Toronto stock market was higher after two days of losses. The S&P/TSX composite index gained 36.55 points to 14,301.56 with most sectors positive, led by advances in gold stocks as nervous investors sent bullion higher for a third day. The Canadian dollar was ahead 0.08 of a cent to 83.64 cents US.

East Asia, the only bright spot in emerging market plays

nationalpost.com — Emerging markets are now entering their fifth straight year of lagging their developed-market counterparts and analysts don't expect that to change any time soon. The MSCI Emerging Market Index finished last year down 4.6% , compared with a 2.9% return by the MSCI World Index.

The Canadian dollar hasn’t dropped this much since the financial crisis - and the tailspin isn’t over yet

nationalpost.com — Canada's dollar is on track to post its worst performance against the U.S. dollar since the financial crisis and economists say the loonie still has farther to fall. The currency is down 8.7% so far this year against the greenback, currently trading at US86¢. That is the worst annual decline since its 18% plunge in 2008.
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Jan 21, 2015

Poloz denies rate cut is part of policy to weaken loonie, says it is about "protecting our inflation target."

Jan 21, 2015

Poloz presser: We concluded that benefits of acting now outweighed any market shocks from surprise rate cut.

Jan 21, 2015

Stephen Poloz says without rate cut, Bank of Canada projected economy would not return to full capacity until late 2017.

Jan 21, 2015

Bank of America, National Bank Financial both bring up possibility of further rate cuts this year if oil stays below BoC's $60 assumption.

Jan 21, 2015

BoC mentions threat to banks in rate cut. "Oil price shock increases both downside risks to inflation profile and financial stability risks"

Jan 21, 2015

CIBC on the surprise Bank of Canada rate cut to 0.75%: "Very dovish overall, a substantial negative for the Canadian dollar."

Jan 08, 2015

RT @sabewCDA: REMINDER: Come out for drinks and chat with the Globe's @jacquiemcnish during SABEW Canada's post-New Year's party! eventbrite.com/e/sabew-canada…

Jan 05, 2015

Oil prices fall below $52 a barrel, lowest level in 5-1/2 years. natpo.st/1AfhXOZ

Dec 19, 2014

#thefuture "This is the first time an object has been designed on Earth and transmitted to space for manufacture." wired.co.uk/news/archive/2…

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