15 h. ago Bank of Canada’s job just got ‘even harder’: Economists on the latest inflation numbers

Markets and more economists calling are betting that policymakers will hold interest rates at April 16 decision

Economics

32 h. ago Ontario bank robber declared dangerous offender over physical and psychological violence

Jason Buick, 55, has hit 10 banks and estimated he might have been out of jail a total of five years since the age of 18

Events

35 h. ago Bank of Canada would need to hike interest rates by up to 1.25% in full

Growth would plunge and inflation would soar if tariffs threats fulfilled

Other

63 h. ago End of federal tax holiday in February expected to lift inflation: Economists

OTTAWA — Economists are expecting the annual rate of inflation accelerated in February as the federal government’s temporary tax break came to an end mid-month. Statistics Canada is set to release February inflation figures on Tuesday. Economists polled by Reuters expect the annual inflation rate rose to 2.2 per cent last month, up from 1.9 […]

Economics

4 d. ago Carney suggests he will get rid of the carbon tax on first official day in office

The former Bank of Canada governor formed a leaner cabinet of 24 members, down from 37, excluding some high-profile MPs

Economics

4 d. ago Carney winds carbon tax price to zero, eliminating it before possible campaign

The former Bank of Canada governor formed a leaner cabinet of 24 members, down from 37, excluding some high-profile MPs

Economics

4 d. ago Carney cuts carbon tax rate to zero, neutralizing unpopular policy before possible campaign

The former Bank of Canada governor formed a leaner cabinet of 24 members, down from 37, excluding some high-profile MPs

Economics

6 d. ago Bank of Canada Shows Inflation Will Shape Trade War Response

The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage.

Economics

6 d. ago TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

Canada’s main stock index rose Wednesday while U.S. markets were mixed, after 25% tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.75 per cent. The S&P/TSX composite index was up 175.14 points at 24,423.34. In New York, the […]

Economics

6 d. ago Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now

There are voices in the investor community who think tariffs will win out over inflation, making more rate cuts likely

Economics

6 d. ago U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can’t lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

Economics

6 d. ago House hunting in a trade war? What Bank of Canada’s rate cut means for you

The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.

Economics

6 d. ago Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025. The trade uncertainty has spiked inflation expectations among […]

Economics

6 d. ago Royal Bank of Canada, TD Bank cut prime rate to 4.95%, following Bank of Canada’s lead

Reduction takes effect March 13

Other

6 d. ago Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision

The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent. Though the series of rate cuts has eased some pressure on consumers after the central bank hiked rates to fight inflation, the burgeoning trade war with the U.S. has cast a […]

Economics

6 d. ago Bank of Canada cuts interest rates: Read the official statement

Reduces key policy rate to 2.75%

Other

6 d. ago Bank of Canada cuts benchmark rate to buffer economy against tariffs

The trade spat put the Bank of Canada in a difficult position as tariffs will likely result in a hit to economic growth, but it could also lead to a flare in inflation

Economics

6 d. ago Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut. The move was widely expected by economists. […]

Economics

6 d. ago Bank of Canada cuts interest rate by quarter point, citing trade turmoil

Lending rate drops to 2.75% as Trump's tariff war shakes economy

Economics

6 d. ago Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

OTTAWA — The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy. Economists polled by Reuters widely see the central bank lowering its key lending rate to 2.75 per cent, which would mark its seventh consecutive cut. The decision comes as a […]

Economics