Bank of Canada surprises many with key interest rate hike
Videos
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Bank of Canada surprises many with key interest rate hike
02:11 | July 13, 2022
-
Rogers buys control of Toronto Maple Leafs, Raptors in $4.7B deal
02:14 | 4 hours ago
-
‘Justinflation tagline works now better than ever’: Trudeau, Poilievre clash on carbon pricing
06:17 | 9 hours ago
-
Inflation finally hits Bank of Canada’s 2% target
01:54 | September 17, 2024
-
Inflation slowing to pre-pandemic levels, outpaced by wages for 19 months: Freeland
03:41 | September 17, 2024
-
Conservatives say Freeland being ‘shoved aside’ by Liberals for Mark Carney
02:33 | September 16, 2024
-
Air Canada flight disruptions begin as pilot’s strike nears
02:00 | September 14, 2024
-
Air Canada strike could cost economy $90M per day, economists warn
01:54 | September 13, 2024
-
Air Canada asks feds to intervene amid looming pilot strike
02:08 | September 12, 2024
-
Trudeau says ‘millions of Canadians’ counting on Air Canada negotiators as pilots on verge of strike
00:19 | September 12, 2024
-
Business Matters: Dollarama’s Q2 profit up from a year ago
02:17 | September 11, 2024
-
How will Air Canada passengers be affected by a potential strike?
02:13 | September 9, 2024
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Canada’s unemployment rate hits 7-year high: StatCan
01:47 | September 6, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh
02:23 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity
02:16 | September 5, 2024
-
Your Money
05:31 | September 5, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%
01:48 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds
02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come
01:20 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism
01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud
01:40 | September 3, 2024
-
China hits Canada with anti-dumping canola probe after EV tariffs
02:01 | September 3, 2024
-
Business Matters: China hits Canada with anti-dumping canola probe
02:21 | September 3, 2024
-
Canada Post lost nearly $750M last year, future now uncertain
02:10 | August 30, 2024
-
Business Matters: Gas prices down ahead of long weekend
02:00 | August 30, 2024
-
Freeland admits Canada’s i
mmigration system has seen ‘some abuses’ with international students, temporary foreign workers
04:25 | August 29, 2024
-
‘Pathetic’ that Conservatives are worried about ‘good economic news’ for Canadians, Freeland says
03:13 | August 29, 2024
-
LEGO to replace oil in its bricks with renewable plastic by 2032
01:51 | August 28, 2024
-
Liberal cabinet wraps up Halifax retreat amid slide in polling
02:12 | August 27, 2024
-
Young Canadians struggling most to pay bills: Equifax
01:57 | August 27, 2024
-
CN, CPKC rail service resumes after 4-day shutdown
01:35 | August 26, 2024
-
Health Matters: Canada hiking tariffs on Chinese-made EVs, steel and aluminum
02:38 | August 26, 2024
-
Bank of Canada surprises many with key interest rate hike
02:11 | July 13, 2022
-
Rogers buys control of Toronto Maple Leafs, Raptors in $4.7B deal
02:14 | 4 hours ago
-
‘Justinflation tagline works now better than ever’: Trudeau, Poilievre clash on carbon pricing
06:17 | 9 hours ago
-
Inflation finally hits Bank of Canada’s 2% target
01:54 | September 17, 2024
-
Inflation slowing to pre-pandemic levels, outpaced by wages for 19 months: Freeland
03:41 | September 17, 2024
-
Conservatives say Freeland being ‘shoved aside’ by Liberals for Mark Carney
02:33 | September 16, 2024
-
Air Canada flight disruptions begin as pilot’s strike nears
02:00 | September 14, 2024
-
Air Canada strike could cost economy $90M per day, economists warn
01:54 | September 13, 2024
-
Air Canada asks feds to intervene amid looming pilot strike
02:08 | September 12, 2024
-
Trudeau says ‘millions of Canadians’ counting on Air Canada negotiators as pilots on verge of strike
00:19 | September 12, 2024
-
Business Matters: Dollarama’s Q2 profit up from a year ago
02:17 | September 11, 2024
-
How will Air Canada passengers be affected by a potential strike?
02:13 | September 9, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan
01:47 | September 6, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh
02:23 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity
02:16 | September 5, 2024
-
Your Money
05:31 | September 5, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%
01:48 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds
02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come
01:20 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism
01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud
01:40 | September 3, 2024
-
China hits Canada with anti-dumping canola probe after EV tariffs
02:01 | September 3, 2024
-
Business Matters: China hits Canada with anti-dumping canola probe
02:21 | September 3, 2024
-
Canada Post lost nearly $750M last year, future now uncertain
02:10 | August 30, 2024
-
Business Matters: Gas prices down ahead of long weekend
02:00 | August 30, 2024
-
Freeland admits Canada’s i
mmigration system has seen ‘some abuses’ with international students, temporary foreign workers
04:25 | August 29, 2024
-
‘Pathetic’ that Conservatives are worried about ‘good economic news’ for Canadians, Freeland says
03:13 | August 29, 2024
-
LEGO to replace oil in its bricks with renewable plastic by 2032
01:51 | August 28, 2024
-
Liberal cabinet wraps up Halifax retreat amid slide in polling
02:12 | August 27, 2024
-
Young Canadians struggling most to pay bills: Equifax
01:57 | August 27, 2024
-
CN, CPKC rail service resumes after 4-day shutdown
01:35 | August 26, 2024
-
Health Matters: Canada hiking tariffs on Chinese-made EVs, steel and aluminum
02:38 | August 26, 2024
Bank of Canada surprises many with key interest rate hike
Description
July 13, 2022
With inflation in this country at a 39-year high there were signals this was coming - but today the Bank of Canada surprised most forecasters with the largest hike to its key interest rate in nearly 25 years. It’s gone up a full percentage point to 2.5 per cent and is the largest increase since August of 1998 and the fourth since March of this year. The change will have an immediate impact on all kinds of debt including variable rate mortgages. Anne Gaviola has more.
-
Bank of Canada surprises many with key interest rate hike02:11 | July 13, 2022
-
Rogers buys control of Toronto Maple Leafs, Raptors in $4.7B deal02:14 | 4 hours ago
-
‘Justinflation tagline works now better than ever’: Trudeau, Poilievre clash on carbon pricing06:17 | 9 hours ago
-
Inflation finally hits Bank of Canada’s 2% target01:54 | September 17, 2024
-
Inflation slowing to pre-pandemic levels, outpaced by wages for 19 months: Freeland03:41 | September 17, 2024
-
Conservatives say Freeland being ‘shoved aside’ by Liberals for Mark Carney02:33 | September 16, 2024
-
Air Canada flight disruptions begin as pilot’s strike nears02:00 | September 14, 2024
-
Air Canada strike could cost economy $90M per day, economists warn01:54 | September 13, 2024
-
Air Canada asks feds to intervene amid looming pilot strike02:08 | September 12, 2024
-
Trudeau says ‘millions of Canadians’ counting on Air Canada negotiators as pilots on verge of strike00:19 | September 12, 2024
-
Business Matters: Dollarama’s Q2 profit up from a year ago02:17 | September 11, 2024
-
How will Air Canada passengers be affected by a potential strike?02:13 | September 9, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan01:47 | September 6, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh02:23 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity02:16 | September 5, 2024
-
Your Money05:31 | September 5, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%01:48 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come01:20 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud01:40 | September 3, 2024
-
China hits Canada with anti-dumping canola probe after EV tariffs02:01 | September 3, 2024
-
Business Matters: China hits Canada with anti-dumping canola probe02:21 | September 3, 2024
-
Canada Post lost nearly $750M last year, future now uncertain02:10 | August 30, 2024
-
Business Matters: Gas prices down ahead of long weekend02:00 | August 30, 2024
-
Freeland admits Canada’s i mmigration system has seen ‘some abuses’ with international students, temporary foreign workers04:25 | August 29, 2024
-
‘Pathetic’ that Conservatives are worried about ‘good economic news’ for Canadians, Freeland says03:13 | August 29, 2024
-
LEGO to replace oil in its bricks with renewable plastic by 203201:51 | August 28, 2024
-
Liberal cabinet wraps up Halifax retreat amid slide in polling02:12 | August 27, 2024
-
Young Canadians struggling most to pay bills: Equifax01:57 | August 27, 2024
-
CN, CPKC rail service resumes after 4-day shutdown01:35 | August 26, 2024
-
Health Matters: Canada hiking tariffs on Chinese-made EVs, steel and aluminum02:38 | August 26, 2024
-
Bank of Canada surprises many with key interest rate hike02:11 | July 13, 2022
-
Rogers buys control of Toronto Maple Leafs, Raptors in $4.7B deal02:14 | 4 hours ago
-
‘Justinflation tagline works now better than ever’: Trudeau, Poilievre clash on carbon pricing06:17 | 9 hours ago
-
Inflation finally hits Bank of Canada’s 2% target01:54 | September 17, 2024
-
Inflation slowing to pre-pandemic levels, outpaced by wages for 19 months: Freeland03:41 | September 17, 2024
-
Conservatives say Freeland being ‘shoved aside’ by Liberals for Mark Carney02:33 | September 16, 2024
-
Air Canada flight disruptions begin as pilot’s strike nears02:00 | September 14, 2024
-
Air Canada strike could cost economy $90M per day, economists warn01:54 | September 13, 2024
-
Air Canada asks feds to intervene amid looming pilot strike02:08 | September 12, 2024
-
Trudeau says ‘millions of Canadians’ counting on Air Canada negotiators as pilots on verge of strike00:19 | September 12, 2024
-
Business Matters: Dollarama’s Q2 profit up from a year ago02:17 | September 11, 2024
-
How will Air Canada passengers be affected by a potential strike?02:13 | September 9, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan01:47 | September 6, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh02:23 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity02:16 | September 5, 2024
-
Your Money05:31 | September 5, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%01:48 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come01:20 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud01:40 | September 3, 2024
-
China hits Canada with anti-dumping canola probe after EV tariffs02:01 | September 3, 2024
-
Business Matters: China hits Canada with anti-dumping canola probe02:21 | September 3, 2024
-
Canada Post lost nearly $750M last year, future now uncertain02:10 | August 30, 2024
-
Business Matters: Gas prices down ahead of long weekend02:00 | August 30, 2024
-
Freeland admits Canada’s i mmigration system has seen ‘some abuses’ with international students, temporary foreign workers04:25 | August 29, 2024
-
‘Pathetic’ that Conservatives are worried about ‘good economic news’ for Canadians, Freeland says03:13 | August 29, 2024
-
LEGO to replace oil in its bricks with renewable plastic by 203201:51 | August 28, 2024
-
Liberal cabinet wraps up Halifax retreat amid slide in polling02:12 | August 27, 2024
-
Young Canadians struggling most to pay bills: Equifax01:57 | August 27, 2024
-
CN, CPKC rail service resumes after 4-day shutdown01:35 | August 26, 2024
-
Health Matters: Canada hiking tariffs on Chinese-made EVs, steel and aluminum02:38 | August 26, 2024
Bank of Canada surprises many with key interest rate hike
Description
July 13, 2022
With inflation in this country at a 39-year high there were signals this was coming - but today the Bank of Canada surprised most forecasters with the largest hike to its key interest rate in nearly 25 years. It’s gone up a full percentage point to 2.5 per cent and is the largest increase since August of 1998 and the fourth since March of this year. The change will have an immediate impact on all kinds of debt including variable rate mortgages. Anne Gaviola has more.
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