"Economic data since our January Monetary Policy Report (MPR) suggests the Canadian economy ended 2024 on a stronger footing ...

OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the ...

The Bank of Canada cut its overnight rate by 25 basis points to 2.75% on Wednesday, as widely expected, against a backdrop of inflation nearing its 2% target and strong GDP growth. The rate cut brings ...

The Bank of Canada cut its key policy rate by a quarter of a percentage point on Wednesday, bringing it to 2.75 per cent. Here is the text of the central bank's decision: ——— The Bank of Canada today ...

The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...

The Bank of Canada's key interest rate is 3 per cent. When is the Bank of Canada's next interest rate announcement? The next interest rate announcement is March 12, 2025. What’s happening with ...

The BoC is likewise set to continue easing interest rates through 2025 ... He was appointed Governor of the Bank of Canada, effective 3 June 2020, for a seven-year term. He is the tenth governor ...

Before the Great Depression of the 1930s, the scattered and mainly rural population of Canada didn’t need a central bank. At that time, a small number of banks established branches in multiple ...

The longer the term length is, the more interest is taken out of your withdrawal. The best CD rates tend to be slightly higher than traditional bank accounts. Is a Wells Fargo Savings Account ...

Leading-edge economic research and analysis is at the heart of policymaking at the Bank of Canada. We seek expertise from a variety of fields, including theoretical and applied macro, international ...

After Tuesday’s New York open, President Trump announced a further trade sanction on Canada with the tariffs on steel and aluminium imports doubled to 50% from 25%. The Canadian dollar was hit ...

We do not allow this to affect our editorial independence nor will it impact the interest ... (3) This rate is the 'expected profit rate' under Sharia compliant accounts. The bank monitors the ...