The central bank held its rate steady at 2.75% today.But the housing market would likely remain "frozen" even if it had opted for a cut, mortgage experts say.

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. This ...

With the Bank of Canada set to provide an update on interest rates on Wednesday, economists are expecting no changes this ...

Royal Bank of Canada and Toronto-Domninion Bank announced Wednesday they would cut their prime rate , following the lead of the Bank of Canada . The banks said they would decrease the prime rate ...

On Mar. 13, 2025, following the Bank of Canada’s last overnight rate cut to 2.75%, most of Canada’s major banks — including the Royal Bank of Canada and TD Bank — reduced their prime rates ...

Bank of Canada Gov. Tiff Macklem warned that rate policy ‘cannot offset the impacts of a trade war. What it can and must do is ensure that higher prices do not lead to ongoing inflation.’ ...

The Bank of Canada is seen in Ottawa, on Wednesday, April 16, 2025. THE CANADIAN PRESS/Justin Tang. OTTAWA – The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday ...

The Bank of Canada Governor Tiff Macklem said on Wednesday that the prospect of a new Canada-U.S. trade deal offers hope that ...

When the Bank of Canada raises rates, you've probably heard about the prime rate, but do you really know what it is? Wonder no more, thanks to this deep dive from Forbes Advisor Canada.

OTTAWA — The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs will impact the economy. “Uncertainty ...

OTTAWA — The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs will impact the economy. Macklem noted there ...