Canadians are in for another Bank of Canada (BoC) interest rate announcement next week amid ongoing economic uncertainty. The ...

The bank has left its key rate alone for three straight meetings, after cutting it seven times in a row from its five per ...

With its announcement on June 4, 2025, the Bank of Canada (BoC) once again held its overnight rate at 2.75%, its second pause after seven consecutive rate cuts that started in June 2024.

1:21 Bank of Canada cuts interest rate to 2.75% amid trade war with U.S. The Bank of Canada on Wednesday cut its key interest rate, a move that comes just hours after U.S. President Donald ...

However, as of December 2024, signs of a slowing economy have prompted the Bank of Canada to hold off on further rate drops this month, signalling caution amid uncertainty.

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 16, 2025. This summary reflects discussions and deliberations by ...