Canada Interest Rate

• Bank of Canada to make interest rate announcement amid coronavirus pandemic

  The Bank of Canada will make its latest interest rate announcement Wednesday and update its outlook for the economy.

  Canada

  Jul 15, 2020
• Bank of Canada holds interest rate at 1.75% as global trade conflicts cause uncertainty

  The central bank's overnight rate target has been set at 1.75 per cent since October of last year.

  Economy

  Dec 4, 2019
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• Canadians should ‘buy smaller’ homes in response to interest hike, Bank of Canada head says

  As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well.

  Canada

  Jul 11, 2018
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• Canadians scrambling to pay off debt as interest rates rise: poll

  A growing number of Canadians are worried rising interest rates could impact their ability to repay their debts, according to a new poll.

  Consumer

  Apr 16, 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
• Bank of Canada flags NAFTA, Bombardier trade woes: U.S. protectionism ‘already evident’

  For now, though, the economy is chugging along, leading the bank to up its growth forecast for 2017 and 2018.

  Money

  Oct 25, 2017
• Bank of Canada keeps key interest rate on hold at 1%

  The Bank of Canada is putting the brakes on key interest rate hikes, for now.

  Economy

  Oct 25, 2017
• Bank of Canada boss warns more surprises could be ahead for interest rates

  In a speech today, governor Stephen Poloz says many unknowns and external risks remain, even though the economy had a surprisingly powerful start to the year.

  Money

  Sep 27, 2017
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• How high Sask. consumer debt works with the latest interest rate increase

  Saskatchewan residents carry the second highest amount of consumer debt, so what does an interest rate increase me for future payments?

  Money

  Sep 6, 2017
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• Canadian dollar soars, briefly touches 2-year high after rate hike

  Economists worry about the potential impact of a strong currency on exports.

  Money

  Sep 6, 2017