3 d. ago Bank of Canada says ‘weaker’ economy led to September rate cut

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

Other

4 d. ago Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary

A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]

Economics

2 w. ago Renewing your mortgage? What the Bank of Canada’s rate cut means for you

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026. What does the most recent rate cut mean for you?

Events

2 w. ago Banks cut prime rate to 4.70%, following Bank of Canada’s lead

Reduction takes effect Sept. 18

Other

2 w. ago Five key takeaways from the Bank of Canada’s rate cut decision

The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday, bringing it to 2.5 per cent after three straight holds. Governor Tiff Macklem said the central bank has shifted to worrying more about a slowing economy than high inflation. Here’s what we learned about the economy, inflation and more from […]

Other

2 w. ago What economists are saying about the Bank of Canada decision and the chance of further rate cuts

The Bank of Canada cut its benchmark interest rate to 2.5% on Wednesday

Other

2 w. ago Analysts See More Easing Ahead After Bank of Canada Cuts to 2.5%

The Bank of Canada cut its policy interest rate for the first time since March, matching the expectations of markets and many economists. With weak economic growth on the horizon and a tough outlook for job-seekers, several analysts believe the central bank isn’t done.

Other

2 w. ago Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift

OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The Bank of Canada’s policy rate now stands at 2.5 per cent, breaking a streak of three consecutive holds since March. Governor Tiff […]

Economics

2 w. ago Bank of Canada cuts interest rate to 2.5 per cent, the first cut since March

Economists largely expected the interest rate cut

Other

2 w. ago Economists unanimous on interest rate cut after latest inflation numbers

August’s core inflation numbers 'cemented' a rate cut by the Bank of Canada on Wednesday, says Scotiabank's Derek Holt

Economics

2 w. ago Core Inflation Eases in Canada, Opening Way for Another Rate Cut

Canadian underlying price pressures eased, even as the headline rate quickened slightly, clearing the way for the central bank to resume cutting interest rates this week.

Economics