Top Results For: BANK OF CANADA

The Bank of Canada has made another half point interest rate cut. Mortgage expert Angela Calla discusses what’s behind the move and what it means for you.

On Wednesday morning, Canada’s central bank is scheduled to deliver its final interest rate decision of the year. It is expected that the rate will drop once more. Bank of Canada Governor Tiff Macklem will speak on the decision and if they deliver the sizeable cut that markers are expecting, how the Canadian dollar could...

The Bank of Canada delivered a second consecutive interest rate cut of half a percentage point on Wednesday, but signalled the pace of easing may slow as uncertainty builds in the Canadian economy. The central bank’s policy rate now stands at 3.25 per cent after the fifth rate cut in a row. Anne Gaviola reports...

B.C. lead all Canadians with Black Friday shoppers, and the Bank of Canada makes another interest rate cut. BIV’s Tyler Orton has your business news.

The Bank of Canada released its last key interest rate decision for the year, bringing the rate down to 3.25%. This marks the fifth consecutive reduction since June. Personal finance expert Rubina Ahmed-Haq joins Miranda Anthistle with tips on how this will impact Canadians.

Canada’s struggling economy has been given a boost by the Bank of Canada, which has slashed its key interest rate to 3.25 per cent. Mackenzie Gray looks at why the central bank delivered such a strong cut, and how it will provide immediate relief to some homeowners.

Conservative Party Leader Pierre Poilievre criticized Prime Minister Justin Trudeau for his handling of the economy, saying the Bank of Canada was “forced into an emergency, panicked rate cut.” The central bank on Wednesday delivered a second consecutive interest rate cut of half a percentage point.

Our TMS money expert Rubina Ahmed-Haq joins us to break down the Bank of Canada’s final interest rate decision of the year -that saw the key lending rate slashed by 50 basis points to 3.25%. She explains what this means for the average Canadian, and if we can expect more rate cuts in the new year. 

The Bank of Canada delivered a second consecutive interest rate cut of half a percentage point on Wednesday. The central bank’s policy rate now stands at 3.25 per cent after the fifth rate cut in a row. Bank of Canada Governor Tiff Macklem noted “when you look at all the data, it does tilt towards...

Royal Bank of Canada raised its dividend as it reported a fourth-quarter profit of $4.22 billion, up from $3.94 billion in the same quarter last year. The bank said Wednesday it will now pay a quarterly dividend of $1.48 per share, up from $1.42 per share. Anne Gaviola has this story and more in Business...

The Bank of Canada delivered a supersized interest rate cut this morning: half a percentage point. As Andrea Macpherson reports, it’s a sign the bank is focused on boosting the Canadian economy and staving off a recession amid signs inflation is now under control.

After the Bank of Canada delivered another interest rate cut on Wednesday, Personal Finance Expert Rubina Ahmed-Haq joins Candace Daniel with more on how this latest announcement could impact your wallets.

Big news in the world of business this week with the Bank of Canada delivering an oversized interest rate cut of half a percentage point Wednesday. It’s key interest rate now sitting at 3.75 per cent. Also, why are Canadian businesses saying the feds went too far in restricting immigration targets? Financial analyst Robert Levy...

The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting the Canadian economy amid signs inflation is well under control. The central bank’s policy rate now stands at 3.75 per cent. Wednesday’s decision is the fourth consecutive drop in interest rates since June and...

The Bank of Canada cut its benchmark interest rate by 50 basis points to 3.75%. Money expert Rubina Ahmed-Haq joins us to discuss this significant decision and whether it was anticipated. We’ll also explore what to expect for the final rate cut of the year in December and what the dip in inflation means for...

Wednesday’s significant interest rate cut by the Bank of Canada could help balance market conditions in the Okanagan, where ‘buyers market’ conditions have been the norm for many months. Klaudia Van Emmerik reports.

The Bank of Canada has slashed its key interest rate for the fourth time this year, and experts believe it will help further growth in Alberta’s economy. Adam MacVicar reports.

Many economists expect the Bank of Canada will take an oversized step to lower its interest rate in the upcoming decision on Wednesday. Joe Scarpelli has that story and more in Business Matters for October 21, 2024.

Kate Koplovich, an economist with Calgary Economic Development, and Mark Parsons, chief economist with ATB Financial, discuss how another possible Bank of Canada interest rate cut will impact Calgary’s economy in the months ahead.

55,000 Canada Post workers across the country have officially been ordered back to work by the Canada Industrial Relations Board. As Jaden Lee-Lincoln reports, union members are not happy with the decision and plan to continue fighting for a better contract.