Canada Monetary Policy

• Bank of Canada keeps rates at 1.75%, trims 2020 economic forecast

  The central bank is projecting growth of just 1.6 per cent this year.

  Money

  Jan 22, 2020
  
• Canada’s inflation up 2% in April, as carbon tax helps push gas prices higher

  Inflation is in line with the Bank of Canada's target, which lowers the chance of another interest rate move in the near term, economists said.

  Money

  May 15, 2019
  
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• Bank of Canada holds key interest rate at 1.75%, downgrades economic forecast

  In its announcement today, the central bank removed any mention of a need for future interest rate increases.

  Money

  Apr 24, 2019
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• Bank of Canada raises interest rate to 1% – and that’s not the end of it, economists say

  The move raises borrowing costs for Canadians on anything from mortgages to lines of credit.

  Money

  Sep 6, 2017