Bank Of Canada Interest Rate

• Will Bank of Canada cut interest rates again this week? What economists say

  Most economists expect the Bank of Canada to cut borrowing rates this week after mixed economic gauges on inflation and the job market.

  Economy

  Oct 27
  
• Bank of Canada holds interest rate steady again amid trade war

  The Bank of Canada held its benchmark interest rate at 2.75% as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.

  Canada

  Jun 4
  
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• House hunting in a trade war? What Bank of Canada’s rate cut means for you

  The 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.

  Consumer

  Mar 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.

  Canada

  Mar 12
• Read what the Bank of Canada head says on ‘major uncertainty’ of tariffs

  The Bank of Canada lowered its key interest rate, but its governor warned that U.S. President Donald Trump's proposed tariffs create 'major uncertainty.'

  Canada

  Jan 29
• Latest Bank of Canada rate cut a ‘critical lifeline’ for B.C., mortgage brokers say

  The CMBA-BC said Wednesday's decision is a crucial step in creating more affordability and stability for British Columbians in the housing market.

  Economy

  Dec 11, 2024
• Canadian economy grew in Q2 — beating Bank of Canada’s forecast

  The economy grew at an annualized rate of 2.1 per cent in the second quarter but continued to shrink on a per-person basis, according to Statistics Canada.

  Economy

  Aug 30, 2024
• Upcoming June inflation data could open door to 2nd Bank of Canada rate cut

  The Bank of Canada will get its last look at inflation figures this week before deciding whether to deliver back-to-back rate cuts on July 24.

  Economy

  Jul 15, 2024
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• Bank of Canada says it’s ‘too early’ to cut rates. Here’s what to expect

  The Bank of Canada held its benchmark interest rate at 5.0 per cent on Wednesday as Governor Tiff Macklem said it was 'too early' to cut rates.

  Economy

  Mar 6, 2024
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• Interest rate hold widely expected in BoC’s latest decision. Are cuts close?

  The central bank is widely expected to continue holding its key interest rate at five per cent Wednesday, as many forecasters anticipate the first rate cut to come in around June. 

  Canada

  Mar 4, 2024