The Bank of Canada shared its optimistic outlook for Canada’s economic recovery on Tuesday. But that doesn’t mean rate hikes... Read More
Canada’s economy may prove surprisingly resilient in its recovery following the COVID-19 lockdown, according to Bank of Canada Governor Stephen... Read More
It’s official, Canada’s prime rate will fall to 2.45% following the Bank of Canada’s emergency rate cut on Friday. RBC... Read More
For the second time in two weeks Canada’s prime rate has fallen by 50-percentage points. Following the Bank of Canada’s... Read More
For the first time since the financial crisis of 2009, the Bank of Canada has delivered an emergency inter-meeting rate... Read More
Bank of Canada Governor Stephen Poloz attempted to ease concerns yesterday that lower interest rates will further stoke overheated housing... Read More
Canada’s prime rate fell to 3.45% today for the first time since July 2018. This is good news for floating-rate... Read More
The Bank of Canada announced this week it will begin purchasing 10-year Canada Mortgage Bonds (CMBs), a move seen as... Read More
The Bank of Canada’s overnight lending rate will end the year exactly where it started—unchanged at 1.75%. As was widely... Read More
Despite leaving its key lending rate unchanged at 1.75% today, the Bank of Canada sounded more cautious about global headwinds... Read More