Bank Of Canada Interest Rates

• Canadians hope patience will pay off as home prices dip: ‘It just takes time’

  The Toronto Regional Real Estate Board said Thursday that the average price sat at $1,051,216 in December, a 9.2 per cent fall from a year ago.

  Consumer

  Jan 8
  
• Majority of Canadians fearful about feeding their families as economic anxiety grows: poll

  The Ipsos poll conducted exclusively for Global News found 53 per cent of those surveyed were fearful about having enough food on the table, up nine points from just a month ago.

  Money

  Dec 7, 2022
  
• Advertisement
• Interest rates, inflation drive ‘very, very challenging’ global economic outlook: OECD

  High interest rates and punishing inflation means the world economy will eke out only modest growth this year and to expand even more tepidly in 2023, according to the OECD.

  Economy

  Nov 22, 2022
• Advertisement
• Tiff Macklem to make speech following Bank of Canada interest rate hike

  Wednesday's rate hike signaled the bank was moving quicker to clamp down on soaring inflation, which reached a nearly 40-year-high of 7.7 per cent in May.

  Canada

  Jul 14, 2022
• Ukraine war driving near-term inflation higher, Bank of Canada deputy says

  Deputy Bank of Canada governor Sharon Kozicki said inflation in the near term is expected to be higher than the central bank projected in January.

  Economy

  Mar 25, 2022
• Businesses need to boost productivity, investment to curb inflation: BoC governor

  With higher interest rates on the way for Canada, businesses should be prepared to increase productivity and invest more to help deal with the surge.

  Economy

  Feb 9, 2022
• Interest rates are holding steady. Here’s what that means for inflation, housing

  The Bank of Canada did not move its key interest rate on Wednesday, but there are other factors at play that could affect housing prices and inflation on the cost of goods.

  Money

  Jan 26, 2022
• Bank of Canada holds interest rates for now, but signals hikes to come

  The Bank of Canada is maintaining its benchmark interest rate at 0.25 per cent as some economists had predicted an increase amid surging inflation levels.

  Canada

  Jan 26, 2022
• Advertisement
• Bank of Canada likely to change interest rate guidance amid Omicron threat: analysts

  While the spread of Omicron could undermine growth, it could also reduce slack in Canada's economy more quickly by dialing back the speed at which it can grow, analysts said.

  Economy

  Dec 17, 2021
• Advertisement
• Canadians scramble to get mortgage pre-approvals as rate hikes loom

  Economists predict the COVID-19 pandemic-long stretch of low interest rates will soon end.

  Money

  Nov 9, 2021