![Click to play video: 'Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%'](https://i0.wp.com/media.globalnews.ca/videostatic/news/v461tjnnf6-hs26tend6n/BoCthumber.jpg?w=1200&quality=70&strip=all)
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%
Videos
-
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%
06:56 | March 27, 2020
-
Paris Olympics 2024: Summer McIntosh, Canada’s 1 st triple-gold medalist, says it hasn’t ‘fully sunk in yet’
00:43 | 3 hours ago
-
Toronto terror plot: Conservatives demand inquiry into how alleged ISIS operative entered Canada
06:08 | 6 hours ago
-
Paris 2024: Canadian Olympic committee revokes accreditation for coach Rana Reider
01:39 | 8 hours ago
-
New mom worries as Gerber recalls baby cereal
02:00 | 8 hours ago
-
Olympics 2024: Canada’s McIntosh, Katzberg reflect on golden accomplishments
02:22 | August 5, 2024
-
Olympics 2024: Canada’s Summer McIntosh, triple gold medal swimmer says it hasn’t ‘sunk in at all’
02:10 | August 5, 2024
-
Paris 2024: 2 boxers in gender controversy now in medal contention
02:03 | August 4, 2024
-
Paris 2024: Canada keeps up historic firsts in Paris
02:27 | August 4, 2024
-
Paris 2024: Canada keeps medal hopes alive in beach volleyball
01:47 | August 3, 2024
-
Using AI and an eye from space to keep whales safe
01:49 | August 3, 2024
-
BC landslide: Fears of giant water gush in Chilcotin River rise
02:11 | August 3, 2024
-
Paris 2024: Canada’s Summer McIntosh makes history
03:02 | August 3, 2024
-
Coutts blockade: Jury finds protesters not guilty of conspiring to kill RCMP officers
00:33 | August 3, 2024
-
Paris 2024: Canadian entrepreneur offering money for Olympic medalists
02:22 | August 2, 2024
-
Canada reaches deal to use U.S. space tech
02:01 | August 2, 2024
-
Temporary immigration to Canada being reduced with new measures: report
01:58 | August 2, 2024
-
Jasper wildfire: Tourism in Rocky Mountains struggling at worst possible time
01:51 | August 2, 2024
-
Terror plot arrests raise questions about Canadian border security screening
03:14 | August 2, 2024
-
Toronto police make arrest in connection to Leo Baeck Day School fire
00:28 | August 2, 2024
-
Business Matters: Capital gains changes to bring in billions less than Ottawa expects according to PBO
02:46 | August 2, 2024
-
Charges upgraded in missing Ontario woman investigation to 2nd-degree murder
00:36 | August 2, 2024
-
Expansion of space industry will create job opportunities in Canada, United States: Fraser
00:51 | August 2, 2024
-
Efforts to enable space launches in Canada get boost with technology safeguarding agreement: Fraser
00:49 | August 2, 2024
-
Paris 2024: Summer McIntosh wins 2nd gold, sets Olympic record
01:51 | August 1, 2024
-
Emancipation Day: Remembering Canada’s history of enslavement
01:49 | August 1, 2024
-
Liberal plan for 30-year mortgage amortizations begins
01:56 | August 1, 2024
-
Jasper wildfire: Mayor says plan for town visits approved, no clear timeline set yet
02:46 | August 1, 2024
-
Jasper wildfire: National park ‘jewel’ largely saved by FireSmart measures, Guilbeault says
01:19 | August 1, 2024
-
Witnesses walk out as House committee on violence against women descends into partisan bickering
10:16 | August 1, 2024
-
Business Matters: Canada’s privacy commissioner launches investigation into Ticketmaster breach
03:11 | August 1, 2024
-
Your Money: The financial impacts of a slowing condo market
06:02 | August 1, 2024
-
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%
06:56 | March 27, 2020
-
Paris Olympics 2024: Summer McIntosh, Canada’s 1 st triple-gold medalist, says it hasn’t ‘fully sunk in yet’
00:43 | 3 hours ago
-
Toronto terror plot: Conservatives demand inquiry into how alleged ISIS operative entered Canada
06:08 | 6 hours ago
-
Paris 2024: Canadian Olympic committee revokes accreditation for coach Rana Reider
01:39 | 8 hours ago
-
New mom worries as Gerber recalls baby cereal
02:00 | 8 hours ago
-
Olympics 2024: Canada’s McIntosh, Katzberg reflect on golden accomplishments
02:22 | August 5, 2024
-
Olympics 2024: Canada’s Summer McIntosh, triple gold medal swimmer says it hasn’t ‘sunk in at all’
02:10 | August 5, 2024
-
Paris 2024: 2 boxers in gender controversy now in medal contention
02:03 | August 4, 2024
-
Paris 2024: Canada keeps up historic firsts in Paris
02:27 | August 4, 2024
-
Paris 2024: Canada keeps medal hopes alive in beach volleyball
01:47 | August 3, 2024
-
Using AI and an eye from space to keep whales safe
01:49 | August 3, 2024
-
BC landslide: Fears of giant water gush in Chilcotin River rise
02:11 | August 3, 2024
-
Paris 2024: Canada’s Summer McIntosh makes history
03:02 | August 3, 2024
-
Coutts blockade: Jury finds protesters not guilty of conspiring to kill RCMP officers
00:33 | August 3, 2024
-
Paris 2024: Canadian entrepreneur offering money for Olympic medalists
02:22 | August 2, 2024
-
Canada reaches deal to use U.S. space tech
02:01 | August 2, 2024
-
Temporary immigration to Canada being reduced with new measures: report
01:58 | August 2, 2024
-
Jasper wildfire: Tourism in Rocky Mountains struggling at worst possible time
01:51 | August 2, 2024
-
Terror plot arrests raise questions about Canadian border security screening
03:14 | August 2, 2024
-
Toronto police make arrest in connection to Leo Baeck Day School fire
00:28 | August 2, 2024
-
Business Matters: Capital gains changes to bring in billions less than Ottawa expects according to PBO
02:46 | August 2, 2024
-
Charges upgraded in missing Ontario woman investigation to 2nd-degree murder
00:36 | August 2, 2024
-
Expansion of space industry will create job opportunities in Canada, United States: Fraser
00:51 | August 2, 2024
-
Efforts to enable space launches in Canada get boost with technology safeguarding agreement: Fraser
00:49 | August 2, 2024
-
Paris 2024: Summer McIntosh wins 2nd gold, sets Olympic record
01:51 | August 1, 2024
-
Emancipation Day: Remembering Canada’s history of enslavement
01:49 | August 1, 2024
-
Liberal plan for 30-year mortgage amortizations begins
01:56 | August 1, 2024
-
Jasper wildfire: Mayor says plan for town visits approved, no clear timeline set yet
02:46 | August 1, 2024
-
Jasper wildfire: National park ‘jewel’ largely saved by FireSmart measures, Guilbeault says
01:19 | August 1, 2024
-
Witnesses walk out as House committee on violence against women descends into partisan bickering
10:16 | August 1, 2024
-
Business Matters: Canada’s privacy commissioner launches investigation into Ticketmaster breach
03:11 | August 1, 2024
-
Your Money: The financial impacts of a slowing condo market
06:02 | August 1, 2024
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%
Description
March 27, 2020
The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled cut that brings the overnight target rate to its effective lower bound.
-
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%06:56 | March 27, 2020
-
Paris Olympics 2024: Summer McIntosh, Canada’s 1 st triple-gold medalist, says it hasn’t ‘fully sunk in yet’00:43 | 3 hours ago
-
Toronto terror plot: Conservatives demand inquiry into how alleged ISIS operative entered Canada06:08 | 6 hours ago
-
Paris 2024: Canadian Olympic committee revokes accreditation for coach Rana Reider01:39 | 8 hours ago
-
New mom worries as Gerber recalls baby cereal02:00 | 8 hours ago
-
Olympics 2024: Canada’s McIntosh, Katzberg reflect on golden accomplishments02:22 | August 5, 2024
-
Olympics 2024: Canada’s Summer McIntosh, triple gold medal swimmer says it hasn’t ‘sunk in at all’02:10 | August 5, 2024
-
Paris 2024: 2 boxers in gender controversy now in medal contention02:03 | August 4, 2024
-
Paris 2024: Canada keeps up historic firsts in Paris02:27 | August 4, 2024
-
Paris 2024: Canada keeps medal hopes alive in beach volleyball01:47 | August 3, 2024
-
Using AI and an eye from space to keep whales safe01:49 | August 3, 2024
-
BC landslide: Fears of giant water gush in Chilcotin River rise02:11 | August 3, 2024
-
Paris 2024: Canada’s Summer McIntosh makes history03:02 | August 3, 2024
-
Coutts blockade: Jury finds protesters not guilty of conspiring to kill RCMP officers00:33 | August 3, 2024
-
Paris 2024: Canadian entrepreneur offering money for Olympic medalists02:22 | August 2, 2024
-
Canada reaches deal to use U.S. space tech02:01 | August 2, 2024
-
Temporary immigration to Canada being reduced with new measures: report01:58 | August 2, 2024
-
Jasper wildfire: Tourism in Rocky Mountains struggling at worst possible time01:51 | August 2, 2024
-
Terror plot arrests raise questions about Canadian border security screening03:14 | August 2, 2024
-
Toronto police make arrest in connection to Leo Baeck Day School fire00:28 | August 2, 2024
-
Business Matters: Capital gains changes to bring in billions less than Ottawa expects according to PBO02:46 | August 2, 2024
-
Charges upgraded in missing Ontario woman investigation to 2nd-degree murder00:36 | August 2, 2024
-
Expansion of space industry will create job opportunities in Canada, United States: Fraser00:51 | August 2, 2024
-
Efforts to enable space launches in Canada get boost with technology safeguarding agreement: Fraser00:49 | August 2, 2024
-
Paris 2024: Summer McIntosh wins 2nd gold, sets Olympic record01:51 | August 1, 2024
-
Emancipation Day: Remembering Canada’s history of enslavement01:49 | August 1, 2024
-
Liberal plan for 30-year mortgage amortizations begins01:56 | August 1, 2024
-
Jasper wildfire: Mayor says plan for town visits approved, no clear timeline set yet02:46 | August 1, 2024
-
Jasper wildfire: National park ‘jewel’ largely saved by FireSmart measures, Guilbeault says01:19 | August 1, 2024
-
Witnesses walk out as House committee on violence against women descends into partisan bickering10:16 | August 1, 2024
-
Business Matters: Canada’s privacy commissioner launches investigation into Ticketmaster breach03:11 | August 1, 2024
-
Your Money: The financial impacts of a slowing condo market06:02 | August 1, 2024
-
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%06:56 | March 27, 2020
-
Paris Olympics 2024: Summer McIntosh, Canada’s 1 st triple-gold medalist, says it hasn’t ‘fully sunk in yet’00:43 | 3 hours ago
-
Toronto terror plot: Conservatives demand inquiry into how alleged ISIS operative entered Canada06:08 | 6 hours ago
-
Paris 2024: Canadian Olympic committee revokes accreditation for coach Rana Reider01:39 | 8 hours ago
-
New mom worries as Gerber recalls baby cereal02:00 | 8 hours ago
-
Olympics 2024: Canada’s McIntosh, Katzberg reflect on golden accomplishments02:22 | August 5, 2024
-
Olympics 2024: Canada’s Summer McIntosh, triple gold medal swimmer says it hasn’t ‘sunk in at all’02:10 | August 5, 2024
-
Paris 2024: 2 boxers in gender controversy now in medal contention02:03 | August 4, 2024
-
Paris 2024: Canada keeps up historic firsts in Paris02:27 | August 4, 2024
-
Paris 2024: Canada keeps medal hopes alive in beach volleyball01:47 | August 3, 2024
-
Using AI and an eye from space to keep whales safe01:49 | August 3, 2024
-
BC landslide: Fears of giant water gush in Chilcotin River rise02:11 | August 3, 2024
-
Paris 2024: Canada’s Summer McIntosh makes history03:02 | August 3, 2024
-
Coutts blockade: Jury finds protesters not guilty of conspiring to kill RCMP officers00:33 | August 3, 2024
-
Paris 2024: Canadian entrepreneur offering money for Olympic medalists02:22 | August 2, 2024
-
Canada reaches deal to use U.S. space tech02:01 | August 2, 2024
-
Temporary immigration to Canada being reduced with new measures: report01:58 | August 2, 2024
-
Jasper wildfire: Tourism in Rocky Mountains struggling at worst possible time01:51 | August 2, 2024
-
Terror plot arrests raise questions about Canadian border security screening03:14 | August 2, 2024
-
Toronto police make arrest in connection to Leo Baeck Day School fire00:28 | August 2, 2024
-
Business Matters: Capital gains changes to bring in billions less than Ottawa expects according to PBO02:46 | August 2, 2024
-
Charges upgraded in missing Ontario woman investigation to 2nd-degree murder00:36 | August 2, 2024
-
Expansion of space industry will create job opportunities in Canada, United States: Fraser00:51 | August 2, 2024
-
Efforts to enable space launches in Canada get boost with technology safeguarding agreement: Fraser00:49 | August 2, 2024
-
Paris 2024: Summer McIntosh wins 2nd gold, sets Olympic record01:51 | August 1, 2024
-
Emancipation Day: Remembering Canada’s history of enslavement01:49 | August 1, 2024
-
Liberal plan for 30-year mortgage amortizations begins01:56 | August 1, 2024
-
Jasper wildfire: Mayor says plan for town visits approved, no clear timeline set yet02:46 | August 1, 2024
-
Jasper wildfire: National park ‘jewel’ largely saved by FireSmart measures, Guilbeault says01:19 | August 1, 2024
-
Witnesses walk out as House committee on violence against women descends into partisan bickering10:16 | August 1, 2024
-
Business Matters: Canada’s privacy commissioner launches investigation into Ticketmaster breach03:11 | August 1, 2024
-
Your Money: The financial impacts of a slowing condo market06:02 | August 1, 2024
Coronavirus outbreak: Bank of Canada slashes key interest rate to 0.25%
Description
March 27, 2020
The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled cut that brings the overnight target rate to its effective lower bound.
National News
-
Paris Olympics 2024: Summer McIntosh, Canada’s 1 st triple-gold medalist, says it hasn’t ‘fully sunk in yet’0:436 hours ago
-
‘Not at all time to panic’: What you should know about recent stock market volatility2:087 hours ago
-
Tornado hits downtown Buffalo, damaging buildings and scattering trees0:477 hours ago
-
Mackenzie Trottier’s body found in Saskatoon landfill1:467 hours ago
-
Toronto terror plot: Conservatives demand inquiry into how alleged ISIS operative entered Canada6:087 hours ago
-
Business Matters: TSX plays catch-up after global stock sell-off2:078 hours ago
-
Bangladesh dissolves parliament hours after student protesters issue ultimatum2:2811 hours ago
-
Health Matters: Summer colds likely part of COVID-19 surge, doctors say2:1511 hours ago
-
Paris 2024: Canadian Olympic committee revokes accreditation for coach Rana Reider1:399 hours ago
-
New mom worries as Gerber recalls baby cereal2:0012 hours ago
Advertisement
Top News
-
Bangladesh dissolves parliament hours after student protesters issue ultimatum2:2811 hours ago
-
Hundreds arrested in U.K. far-right riots after deadly stabbing rampage at Taylor Swift-themed dance class2:061 day ago
-
Global markets plunge amid U.S. recession fears1:471 day ago
-
Bangladesh’s PM Sheikh Hasina resigns, flees country after deadly protests2:441 day ago
-
Bangladesh protests: Dozens killed in clashes as protesters push for PM to resign1:142 days ago
-
Hamas leader Ismail Haniyeh was killed by short-range projectile, Iran says0:313 days ago
-
Freed Russian prisoner Kara-Murza was ‘certain’ he was going to die in ‘Putin’s prison’0:534 days ago
-
Bangladesh protests: Angry demonstrators demand PM Hasina’s resignation1:154 days ago
-
‘Not a transgender case’: IOC doubles down on Algerian boxer’s controversial win2:184 days ago
-
China floods leave dozens dead, missing in Hunan following Typhoon Gaemi1:085 days ago
Sponsored Content
Trending
-
Kamala Harris taps Minnesota governor Tim Walz as VP pick: sources0:4713 hours ago
-
Alerts issued as water tops Chilcotin River dam3:051 day ago
-
Structure washed away as water tops Chilcotin River site1:434 hours ago
-
Nova Scotia mass shooting: Public inquiry calls for ‘major changes’ to RCMP oversight, review of public alerting1:1016 months ago
-
Paris 2024: Men’s triathlon postponed over Seine water quality0:341 week ago
-
Alberta storms: Calgary airport terminal damaged as hail, heavy rains hit city3:127 hours ago
-
B.C. officials renew call to stay away from Chilcotin and Fraser rivers after slide2:204 hours ago
-
Paris 2024: Canadian Olympic committee revokes accreditation for coach Rana Reider1:399 hours ago
-
Mackenzie Trottier’s body found in Saskatoon landfill1:467 hours ago
-
Osteoporosis and bone health with pharmacist Kelly Kizlyk4:2213 hours ago
Canada
-
AIM facility in Moncton cleared to operate until end of November1:425 hours ago
-
Nova Scotia lagging behind on disability support commitments: researcher2:115 hours ago
-
Halifax councillors divided over designated tent encampment site discussions2:005 hours ago
-
Alberta storms: Calgary airport terminal damaged as hail, heavy rains hit city3:127 hours ago
-
New mom worries as Gerber recalls baby cereal2:0012 hours ago
-
Another emergency room closed in B.C. due to lack of staffing0:361 day ago
-
Alberta firefighter, 24, dies battling Jasper wildfires1:572 days ago
-
BC landslide: Fears of giant water gush in Chilcotin River rise2:113 days ago
-
Fredericton MLA arrested while counter-protesting1:313 days ago
-
Coutts blockade: Jury finds protesters not guilty of conspiring to kill RCMP officers0:333 days ago
U.S. News
-
Tornado hits downtown Buffalo, damaging buildings and scattering trees0:477 hours ago
-
Kamala Harris taps Minnesota governor Tim Walz as VP pick: sources0:4713 hours ago
-
Tropical storm Debby threatens southeastern U.S.2:051 day ago
-
9/11 mastermind’s plea deal revoked, death penalty back on table0:313 days ago
-
Trump shooting: Secret Service accepts blame for communication failures0:514 days ago
-
Comic-Con human trafficking sting: 14 ‘sex buyers’ arrested, 10 victims rescued2:144 days ago
-
Justin Timberlake pleads not guilty to DWI charge1:224 days ago
-
‘Great to get on that bus’: Freed US journalist Evan Gershkovich speaks after prisoner swap0:534 days ago
-
Trump says VP running mates have ‘virtually no impact’ on election outcomes1:014 days ago
-
Russia-West prisoner swap: White House’s Sullivan gets emotional describing Americans’ return home1:105 days ago
Advertisement
World
-
BIV: World Markets Begin to Rebound from Monday’s Collapse1:4710 hours ago
-
Olympics 2024: Canada’s McIntosh, Katzberg reflect on golden accomplishments2:221 day ago
-
Hundreds arrested in U.K. far-right riots after deadly stabbing rampage at Taylor Swift-themed dance class2:061 day ago
-
Bangladesh PM Hasina resigns, flees country after deadly anti-government protests2:091 day ago
-
Global markets plunge amid U.S. recession fears1:471 day ago
-
Nigerians resist president’s plea to end protests, demand action on economic issues1:542 days ago
-
Could extreme heat delay your next flight? It’s possible1:343 days ago
-
Using AI and an eye from space to keep whales safe1:493 days ago
-
Hamas leader Ismail Haniyeh was killed by short-range projectile, Iran says0:313 days ago
-
Paris 2024: Canadian entrepreneur offering money for Olympic medalists2:224 days ago
Politics
-
Bangladesh dissolves parliament hours after student protesters issue ultimatum2:2811 hours ago
-
Bangladesh PM Hasina resigns, flees country after deadly anti-government protests2:091 day ago
-
Prime Minister honoured at event for keeping promise to South Asian community2:022 days ago
-
Bangladesh protests: Dozens killed in clashes as protesters push for PM to resign1:142 days ago
-
Temporary immigration to Canada being reduced with new measures: report1:584 days ago
-
Philadelphia mayor sparks confusion with ad referencing Kamala Harris’ VP pick as Shapiro1:204 days ago
-
Manitoba byelection result unlikely to indicate national voting trends: expert1:594 days ago
-
Langley Township in density dispute with province1:484 days ago
-
LGBTQ2 community calls for better consultation on Alberta transgender legislation2:044 days ago
-
U.S. to change ‘defensive force postures’ in Middle East as regional tensions rise: Pentagon0:354 days ago
Health and Wellness
-
Health Matters: Summer colds likely part of COVID-19 surge, doctors say2:1511 hours ago
-
Another emergency room closed in B.C. due to lack of staffing0:361 day ago
-
Canadian Blood Services calls for more donors in Saskatchewan1:454 days ago
-
Health Matters: Air conditioning should be considered public health measure, advocates say2:115 days ago
-
N.S. minister says province is making strides healthcare, but still not fixed2:095 days ago
-
Health Matters: SFU Parkinsons fruit fly genes breakthroughs4:465 days ago
-
Health Matters: Reason for rising cancer rates in young people unclear, American Cancer Society reports2:125 days ago
-
Dispelling misconceptions surrounding diabetes5:256 days ago
-
New Maryland clinic closure leaves community struggling to find proper care1:511 week ago
-
Health Matters: Resilient Minds mental health program for volunteer fire departments in remote areas4:111 week ago
Advertisement
Investigative News
-
Pilot recounts mid-air near miss experienced at Pitt Meadows Airport2:061 day ago
-
Global News obtains more evidence in case of teen killed by stray bullet2:315 days ago
-
Inside a stolen vehicle examination centre2:276 days ago
-
Records contradict Boissonnault’s business associate’s testimony2:346 days ago
-
Free TTC: Eglinton riders use bus lanes to access subway illegally2:361 week ago
-
Intercepted: How border officers are using data analytics to fight auto theft3:111 week ago
-
Breaking down Canada Soccer’s drone scandal6:051 week ago
-
Appreciating the world-renowned beauty of Jasper amid devastating wildfire2:161 week ago
-
Tech Talk: Preventing future CrowdStrike-type outages & using winter as a weapon in Ukraine2:252 weeks ago
-
Business Matters: Grocery code of conduct may help stabilize food prices3:043 weeks ago
News Bloopers
-
A dream come true for 7-year-old who got to make transit announcements0:452 months ago
-
Edmonton, B.C. morning show hosts settle NHL playoff bet3:053 months ago
-
‘You can’t make this stuff up:’ Loud clap of thunder interrupts live TV segment at pivotal moment0:2410 months ago
-
Global Calgary weather anchor startled by surprise guest appearance0:2114 months ago
-
Fun times? Global News personalities help clear snow in search of ‘fun’ story2:0021 months ago
-
Global National anchor Farah Nasser swallows fly on-air0:1723 months ago
-
‘Buzzworthy moment’: Colin D’Mello recaps Doug Ford accidentally swallowing a bee1:5724 months ago
-
‘Did you just call me daddy?’: Morning show hosts can’t hold back laughter after on-air mixup1:1424 months ago
-
B.C. dad hoping to see his cloud photo on TV get his wish following viral TikTok campaign2:1128 months ago
-
Bloopers: Phil Darlington slips, slides and falls in these Our Winter City outtakes1:3822 months ago