News

Canada's annual inflation rate in May was unchanged from the previous month at 1.7% as a drop in gasoline costs continued to ...
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 ...
The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and inflation has picked up steam.
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 ...
The Bank of Canada Governor Tiff Macklem said on Wednesday that the prospect of a new Canada-U.S. trade deal offers hope that ...
Here's what economists think May retail sale numbers mean for the economy and Bank of Canada interest rates. Find out more ... 'Grisly' May retail sales drop of 1.1% could point to Bank of Canada ...
Canada’s central bank remains in a tight spot, as it weighs the upside risks to inflation against the downside risks to growth brought on by U.S. tariffs. Daw said the market is putting the likelihood ...
The Bank of Canada is encouraging businesses to explore export markets beyond the United States to make the economy less ...