The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.
Canada's central bank has cut its key interest rate by 0.5 percentage points. The reduction reflects slower-than-expected economic growth and concern about US tariffs.
President-elect Donald Trump's pledge to slap a 25% tariff on imports from Canada in his first days in office has clouded the outlook for the Canadian economy, Bank of Canada Gov. Tiff Macklem said ...
A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages ...
The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products ...
Canada's struggling economy has been given a boost by the Bank of Canada, which has slashed its key interest rate to 3.25 per cent. Mackenzie Gray looks at why the central bank delivered such a strong ...
The 3.25 per cent cut from the Bank of Canada is welcome news to mortgage holders and would-be buyers here in B.C., where ...
Australia’s unemployment rate unexpectedly fell in November as the nation’s golden streak of hiring gains extended, underscoring the resilience of the labor market to elevated interest rates and ...
Okanagan Mortgage broker Tracy Head is expecting the busiest December in her career thanks to recent interest rate cuts by the Bank of Canada.
Forecasters are widely expecting a half-percentage point interest rate cut. That would bring the Bank of Canada’s key rate ...
Australia’s unemployment rate unexpectedly fell in November as the nation’s streak of hiring gains extended, underscoring the ...
Wednesday’s half-point drop in the Bank of Canada’s key interest rate was welcome but surprising news, says the president of ...