, Columnist
Canada Sure Seems to Be Betting on a Global Recovery
The central bank is expected to tighten credit, a vote of confidence in the U.S. economic expansion and the world's.
Canada's central banker has reason to smile.
Photographer: Photographer: Patrick Doyle/BloombergThis article is for subscribers only.
The world's fastest-growing major developed economy is expected to get an interest-rate increase as soon as this week.
The Bank of Canada is likely to pull the trigger and increase its benchmark rate, the first such move in seven years. Economists have penciled in a further step by year-end.