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 ...
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 ...
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 ...
After quickly chopping interest rates down from the highest levels in two decades, the Bank of Canada is pivoting to a more ...
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it ...
Stocks traded mostly higher in Wednesday's final hour of trading, with the Nasdaq Composite on track to close above 20,000 for the first time, as investors concluded November's as-expected inflation ...
Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S.
Canada’s central bank lowered its key interest rate by half a percentage point on Wednesday and called President-elect Donald Trump's threat to impose sweeping new tariffs on Canada “a major source of ...