News

Canada’s job market surprisingly gained 83,000 positions in June, pushing the unemployment rate down to 6.9 per cent from ...
OTTAWA — The Bank of Canada is increasingly expected to keep its benchmark interest rate on hold later this month after the ...
The Bank of Canada has trimmed its key policy rate by 25 basis points for the second month in a row, bringing it down to 4.5 percent, and said more cuts were likely if inflation continued to cool ...
The Bank of Canada's annual economic growth forecast is overly optimistic, economists said, and another large interest rate cut this year will likely be required to boost growth.
Bank of Canada cuts rates, indicates bigger cut possible Wednesday marked the third consecutive cut, with the central bank citing continued easing in broad inflationary pressures.
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists.
The Bank of Canada cut its benchmark interest rate by 50 basis points for the second consecutive decision on Wednesday, and signalled Canadians should expect a “more gradual” easing of rates going ...
With the economy slowing and unemployment edging higher, the central bank is then expected to cut rates twice more in 2024, although only a slim majority of economists are forecasting a policy ...
BENGALURU (Reuters) - The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than expected last quarter, with at least ...
The Bank of Canada has lowered its key interest rate to 3.75 per cent with a 50-basis-point cut, twice the size of the previous cut.
The Bank of Canada cut its benchmark interest rate by 25 basis points to 4.5 per cent on Wednesday, its second consecutive reduction, and signaled more cuts could be ahead if inflation continues to ...
Usually, jumbo cuts come when the bank has urgent concerns about economic growth and wants to quickly encourage economic activity, but that is not always the case. So why did the Bank of Canada go big ...