News

Bank of Canada announces first interest rate hold of the year
Before today's update, the Bank of Canada had made two 0.25 per cent cuts to its key interest rate, bringing it to 2.75 per ...
Rising Canada recession risk to trigger at least 2 more rate cuts this year, economists predict
Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least ...
Bank of Canada Holds Rates Steady as It Examines Tariff Fallout
Bank of Canada Gov. Tiff Macklem said senior policymakers are trying to digest the dramatic shift in global trade policy that ...
Bank of Canada holds key interest rate steady at 2.75% amid U.S. trade uncertainty
Governor Tiff Macklem said the central bank hit pause to give itself time to assess the fallout from Trump’s erratic and ...
Bank of Canada interest rate cut odds jump following unexpectedly slow March inflation data
The Bank of Canada has a stronger case to cut its policy rate at its next meeting on Wednesday, say economists responding to ...
Will the Bank of Canada cut rates on Wednesday? Trump tariffs have created confusion
The Bank of Canada’s interest rate decision on Wednesday will be a close call between a 25-basis-point cut and a pause, ...
Forbes6d
The Bank Of Canada Holds Key Interest Rate At 2.75%
Ethan Currie and Warren Lovely, economists, National Bank of Canada: “Prior to the decision, our baseline expectation for the BoC rate path suggested an April ‘pause,’ followed by 75 basis ...
Outlook For Interest Rates As Bank Of Canada Strikes Cautious Tone
BoC held rates steady, despite economic uncertainty and market volatility tied to growing trade tensions. TD Securities' Andrew Kelvin discusses potential scenarios and the rate impact.
NerdWallet7d
Prime Rate in Canada: What It Is, How It’s Set
Our opinions are our own. Editor’s Note: On Apr. 16, the Bank of Canada announced that the overnight rate will remain unchanged at 2.75%. The next rate announcement will take place on June 4.