34 h. ago Borrowers left waiting for more relief after Bank of Canada holds

The benchmark prime rate stuck at 4.95%

Other

36 h. ago More Bank of Canada rate cuts won’t boost ‘muted’ housing market in 2025: Ron Butler

Watch: Mortgage broker talks about what is happening in Canada's housing market

Other

45 h. ago Renewing your mortgage? What Bank of Canada’s rate hold means for you

According to a recent Royal LePage report, 1.2 million mortgages will be up for renewal in Canada this year. Here's what the Bank of Canada's rate hold means for them.

Events

55 h. ago Bank of Canada rate to go lower, but not too low: Desjardins

Watch: 'It will want to make sure that it's keeping its foot near the break,' said economist Randall Bartlett

Other

57 h. ago Here’s what economists are saying about the Bank of Canada announcement

Inflation, trade tensions with the United States, and the threat of a recession weigh heavily on economists' minds

Other

59 h. ago U.S. Fed chief says tariffs, inflation fears mean rate cuts can wait

The sharp volatility in financial markets since President Donald Trump announced sweeping tariffs April 2, only to put most on hold, led to questions on potential rate cuts.

Economics

61 h. ago Rate hold means status quo for Canada’s struggling housing market: Experts

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo. Wednesday’s announcement marked the first time the central bank has left the benchmark rate unchanged following seven consecutive cuts since June.  Ratesdotca mortgage and […]

Other

62 h. ago Bank of Canada Holds at 2.75%, Seeks More Clarity on Tariffs

The Bank of Canada paused its interest rate cutting cycle and said policymakers “will proceed carefully” as they wait to see how US President Donald Trump’s trade policy takes shape.

Economics

63 h. ago Bank of Canada holds interest rates: Read the official statement

Rate remains at 2.75%

Other

63 h. ago Bank of Canada holds interest rate steady for first time in 2025

The Bank of Canada (BoC) announced that it's holding its policy rate at 2.75 per cent on Wednesday morning.Before this, the central bank had made two 0.25 per cent cuts to its key interest rate, with the last one on March 12 bringing the rate to 2.75 per cent.On Tuesday, Statistics Canada shared March inflation data, showing that inflation slowed to 2.3 per cent following a 2.6 per cent increase in February.Last week, Ratehub.ca mortgage expert Penelope Graham told us that while Canada had largely dodged the worst of the tariff pain, the BoC's policymakers would assess the impact on our trade partners, and the effect at home, to make a decision on April 16.She said the central bank would be weighing plummeting consumer and business sentiment, based on its own quarterly survey.Upcoming Bank of Canada rate announcementsKeep an eye on the Bank of Canada website at 9:45 a.m. on the following dates:Wednesday, June 4, 2025 (rate update only)Wednesday, July 30, 2025 (rate up...

Other

63 h. ago Bank of Canada holds key rate steady amid trade war, economic uncertainty

OTTAWA — The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy.  The central bank held its policy rate steady at 2.75 per cent, the first time it has left the key rate unchanged […]

Economics

65 h. ago Posthaste: Bank of Canada must cut rates deeper to salvage rocky housing market, say economists

Interest rates remain too high to turbocharge the sector, which is a major contributor to Canada's economy

Other

69 h. ago Will the Bank of Canada cut interest rates again as trade war deepens?

Some analysts expect the central bank to cut its benchmark rate by 25 basis points, bringing it down to 2.5 per cent, while others expect the rate to be held steady.

Economics

3 d. ago Bank of Canada Likely to Pause to Assess Tariff Hit: Decision Guide

The Bank of Canada is likely to hold interest rates steady on Wednesday as officials take stock of the damage posed by US President Donald Trump’s trade war.

Economics

3 d. ago Bank of Canada should and will cut interest rates: CIBC’s Benjamin Tal

Watch: 'The housing market in Canada is a tale of two markets, and I think the Bank of Canada will take this into account when making a decision'

Other

3 d. ago Markets, economists see Bank of Canada holding rate despite inflation surprise

Economists weigh in after inflation cools more than expected

Economics

4 d. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

7 d. ago Kazakhstan Signals Caution on Global Outlook After Key Rate Hold

Kazakhstan’s central bank held borrowing costs after a surprise increase last month, though warned it’s ready to make unscheduled decisions on monetary policy should global financial markets deteriorate.

Other

8 d. ago London spring food drive kicks off with call for 'food sovereignty'

A pizza maker, delivery service, regional hub and a small city food bank – it's going to take their efforts and Canada's tough new attitude to feed families

Other

8 d. ago Currency Exchange International, Corp. Announces Referral Agreement with Continental Currency Exchange

Exchange Bank of Canada (“EBC” or the “Bank”) is to refer its wholesale business-to-business (B2B) banknote customers in Canada to Continental Currency Exchange, Ltd. (“CCE”), a wholly owned subsidiary of DUCA Financial Services Credit Union Ltd. (“DUCA”) TORONTO, April 10, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (“CXI” or the “Company”) (TSX:CXI) (OTC:CURN), today […]

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