Bank Of Canada
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Renewing your mortgage? What Bank of Canada’s rate hold means for youAccording to a recent Royal LePage report, 1.2 million mortgages will be up for renewal in Canada this year. Here's what the Bank of Canada's rate hold means for them.CanadaApr 17
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Bank of Canada holds interest rate steady amid tariff turmoilThe Bank of Canada held its benchmark rate at 2.75 per cent on Wednesday, ending a streak of seven consecutive rate cuts, as Canada grapples with a trade war.CanadaApr 16
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House hunting in a trade war? What Bank of Canada’s rate cut means for youThe Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.ConsumerMar 12
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Bank of Canada cuts interest rate as trade war ‘doesn’t bode well’The central bank cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. This was the bank’s seventh consecutive interest rate cut.CanadaMar 12
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Bank of Canada expected to cut interest rate amid U.S. trade warThe Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.CanadaMar 10
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Bank of Canada governor’s tariff warning: ‘There won’t be a bounceback’Bank of Canada governor Tiff Macklem said the shock from U.S. tariffs would be very different from the economic downturn caused by the COVID-19 pandemic.CanadaFeb 21
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Tariff threats are enough to chill Canada’s economy, central bank saysThe bank also warned that retaliatory tariffs by Canada and other nations against the U.S. if Donald Trump imposes tariffs could cause a period of inflation.CanadaFeb 12
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Read what the Bank of Canada head says on ‘major uncertainty’ of tariffsThe Bank of Canada lowered its key interest rate, but its governor warned that U.S. President Donald Trump's proposed tariffs create 'major uncertainty.'CanadaJan 29
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Bank of Canada cuts key rate with ‘trade war storm’ on horizonThe quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.MoneyJan 29
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Tariff uncertainty hangs over Bank of Canada’s 1st rate decision of 2025The Bank of Canada will contend with a looming hit to Canada's economy from Donald Trump's threatened tariffs as it prepares for an interest rate decision this year.MoneyJan 27
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