
Bank of Canada
Get the latest updates and analysis on the Bank of Canada’s policies, decisions, and economic impact. Stay informed on interest rates, monetary policy, and financial stability insights.


Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub
Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada’s latest cut to its key policy rate.

Experts bet on sixth straight Bank of Canada rate cut this week
Economists and markets expect a 25-basis-point rate cut this week, bringing the Bank of Canada’s policy rate to a two-year low of 3%.

Bank of Canada to end quantitative tightening earlier than expected
The Bank of Canada expects to end quantitative tightening in the first half of this year and return to more normal asset purchasing levels, likely becoming the first major central bank to unwind its pandemic asset purchases.

Bank of Canada deliberations reveal ‘close call’ on 50-bps rate cut
The Bank of Canada’s Governing Council faced a “close call” when deciding to proceed with December’s 50-basis-point rate cut, according to its latest summary of deliberations.

Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers
The Bank of Canada has cut its policy rate by another 50 basis points today, bringing it down to 3.25%. This marks the fifth consecutive rate cut this year.

Scotiabank: The Bank of Canada will likely deliver a 50-bps rate cut this week—here’s why it shouldn’t
In a recent analysis, Scotiabank’s Derek Holt suggests that the Bank of Canada is likely to implement a 50-basis point rate cut this week, despite concerns over the broader economic implications.

Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report
Still, many economists still see a half-point cut as likely at the Bank’s December 11 meeting.

BoC official warns against playing with mortgage rules to make housing affordable
The Bank of Canada’s senior deputy governor is warning against adjusting mortgage rules to try to make the prospect of homeownership more affordable.

“Strong consensus” among BoC Governing Council that 50bps cut was needed in October
The Bank of Canada’s Governing Council reached a “strong consensus” in October that a 50-basis-point rate cut was needed.