Top Results For: bank of canada

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.

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...

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.

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.

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...

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.

After two years of interest rate hikes, inflation hit the Bank of Canada’s target of two per cent back in August. Touria Izri looks at what helped cool inflation, and the interest rates that economists are calling for.

The Bank of Canada lowered its key interest rate yet again this week by 25 basis points, opening the door now to bigger cuts. Joining us to break it all down is financial analyst Robert Levy.

The Bank of Canada has cut it’s key interest rate to 4.25%. Ratehub.ca’s Penelope Graham talks about how that will impact mortgages.

It’s the announcement many Canadian families have been hoping for another interest rate cut by the Bank of Canada. A move that should lead to lower costs for mortgages and other loans. As Andrea Macpherson reports, the bank’s governor says while inflation is still a major worry — the door is being kept open for...

The Bank of Canada lowered its key interest rate by 25 basis points on Wednesday, simultaneously opening the door to bigger cuts if the economy slows more sharply in the months ahead. As Anne Gaviola reports, the third consecutive rate cut was widely expected by economists and brings the central bank’s benchmark interest rate to...

Bank of Canada Governor Tiff Macklem confirmed a third consecutive interest rate cut on Wednesday. The 25-basis point cut brought the central bank’s benchmark interest rate to 4.25 per cent. “If inflation continues to ease broadly in line with our July forecast, it is reasonable to expect further cuts in our policy rate,” Macklem added.

Food banks in Quebec and across the country are warning that immediate action is needed to tackle food insecurity. They’re reporting an unprecedented rise in requests for assistance and worry even tougher times are ahead. Global’s Phil Carpenter reports.

The new HungerCount 2024 by Food Banks Canada shows the number of foodbank users surpassed two million in the month of March. As Jaden Lee-Lincoln reports, advocates are calling on the federal government to step in and offer more supports to low income families to help offset the cost of living.

Canada’s inflation rate rose to two per cent in October, up from 1.6 per cent in September, according to Statistics Canada. The annual rate of inflation, which fell below the Bank of Canada’s target of two per cent in September, beat the analysts expectation of 1.9 per cent slightly. Anne Gaviola has more on why...

Canada’s reliance on food banks has soared to a grim new milestone, according to data from Food Banks Canada. The organization says it recorded more than two million visits in March 2024 – which is nearly double the monthly visits recorded in March 2019 and six per cent above last year’s record-breaking figure. Anne Gaviola...

WATCH: Despite a less than ideal opening weekend, the University of Saskatchewan Huskies women’s basketball team is determined to finish the job after winning national silver last year.