Bank Of Canada Interest Rate Announcement

• ‘Cost of living, food, gasoline’: Bank of Canada’s interest rate change a worry for some

  The latest interest rate hike was designed to help prevent inflation from getting stuck above the bank's 2.0 per cent target, but higher rates will have an impact on families.

  Canada

  Jun 7, 2023
  
• Bank of Canada keeps rates steady, sees worst downturn on record amid COVID-19

  How fast and strong the economic recovery will be depends on containment efforts to bring the pandemic under control, the central bank said.

  Money

  Apr 15, 2020
  
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• Bank of Canada leaves key interest rate unchanged at 1.75%

  Canada's central bank cited concerns about both the global economy and the domestic economic environment.

  Money

  Mar 6, 2019
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• Bank of Canada raises interest rate to 1.75% — signals more hikes imminent

  The central bank crucially omitted the word 'gradual' when describing future rate adjustments.

  Money

  Oct 24, 2018
• Bank of Canada keeps key interest rate steady at 1.25% but eyes future hikes

  Despite uncertainty about U.S. trade policy, Canada's central bank is still thinking of raising rates in a not-so-distant future.

  Money

  Mar 7, 2018
• Will the Bank of Canada hike rates next week? It looks more and more likely

  After last week's stellar jobs report, more economic good news on Monday increased the chances that the central bank will raise interest rates again Jan. 17, economists say.

  Money

  Jan 8, 2018