BoC Rate Hike

• Bank of Canada expected to raise key interest rate again as inflation persists

  Some Canadian economists expect the central bank's key interest rate will rise by three quarters of a percentage point at its next decision on Sept. 7.

  Economy

  Sep 2, 2022
  
• Interest rates are headed up. What it means for variable and fixed mortgage rates

  Whether you're shopping for a home or about to renew your mortgage, here's what to know.

  Money

  Oct 27, 2021
  
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• From takeout to gas prices, how to protect yourself from rising inflation

  Canada's inflation is inching upward. Here's why and how long it might last.

  Money

  May 15, 2021
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• Bank of Canada leaves interest rate unchanged at 1.75%

  Bank of Canada leaves its key rate unchanged, as expected, at 1.75 per cent.

  Canada

  Dec 5, 2018
• Latest Bank of Canada interest rate hike deals a blow to Alberta: experts

  Alberta energy experts are concerned that the Bank of Canada's latest interest rate hike hits a province still recovering from a recession.

  Economy

  Oct 24, 2018
• 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
• As another rate hike looms, more Canadians feel closer to insolvency

  One-third of debtors now say rising rates could move them toward bankruptcy, a recent MNP survey found. Meanwhile, delinquency rates are up among seniors, according to Equifax.

  Money

  Oct 23, 2018
• Bank of Canada holds interest rates steady, but October hike looms

  Canada central bank said it is 'monitoring closely' the ongoing NAFTA talks but added that higher interest rates 'will be warranted.'

  Money

  Sep 5, 2018
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• Canada’s GDP growth soars to 2.9% in second quarter – exports hit 4-year record

  Household spending was also up, driven by higher utilities and gasoline costs as well as spending on home renovations.

  Money

  Aug 30, 2018
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• Canadian economy grew 0.5% in May, prompting talk of a fall rate hike

  The result, which was well above expectations, has economists discussing the possibility of an October interest rate hike by the Bank of Canada.

  Canada

  Jul 31, 2018