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The Bank of Canada held its key interest rate steady at 2.75 per cent for the second consecutive time, citing continuing uncertainty and an economy that continues to chug along.
The National Bank of Canada faces significant risks from overexposure to Quebec and home loans. Check out why I recommend a ...
The Bank of Canada had made two 0.25 per cent cuts before April, with the last one on March 12 bringing it down to the current rate. Bank of Canada holds policy rate at 2¾% https://t.co ...
Mortgage business is nonetheless up this year, Butler says, largely because of the glut of owners renewing mortgages taken out at extremely low rates during the pandemic. For those renewing, the BoC’s ...
The central bank opted to keep its overnight lending rate—which is used by lenders to set their prime rate and, by extension, variable mortgage rates—at 2.75%. This is the BoC’s second ...
1:50 Bank of Canada holds key interest rate steady at 2.75% Tiff Macklem is wearing an Edmonton Oilers pin as he reflects on coming very close to beating big odds. It’s a significant day for the ...
The Bank of Canada is widely expected to hold its key interest rate steady at its announcement at 9:45 a.m. ET today. Twenty of 26 economists polled by Reuters said they expect Canada’s central ...
The Bank of Canada held its benchmark interest rate at 2.75% as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.
It stayed surprisingly flat. The other major oil-related U.S. conflict was the Gulf War from August 1990 to February 1991. In this one, oil prices more than doubled at their peak. Despite that, Canada ...
The chorus of economists who think the Bank of Canada isn’t just pausing but could be done cutting interest rates keeps ...
The Bank of Canada can't help home buyers overcome their most pressing challenges. The Bank of Canada’s decision to hold its overnight rate at 2.75% today wasn’t made with the housing market ...
What are the best mortgage rates in Canada right now? As of June 2025, you can find fixed mortgage rates for around 3.9% at some mortgage brokerages, while variable rates are closer to 4%.