The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers ...
The 50 bp cut is the Bank's fifth consecutive drop in rates since June, and its second jumbo reduction in a row.
For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates ...
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.
Bank of Canada governor Tiff Macklem said in a news conference following the announcement that it expects to take 'a more ...
A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages ...
In its final major cut of the year, the Bank of Canada has lowered the policy interest rate from 3.75% to 3.25%.
The Bank of Canada cut interest rates by half a percentage point on Wednesday and signalled that it may slow down the pace of ...
Forecasters were widely expecting the jumbo interest rate cut after the November labour force survey showed the unemployment ...
On Wednesday, the central bank announced a jumbo rate cut—its fifth cut in a row since June—and signalled a slower pace for ...
The latest Bank of Canada interest rate cut to 3.25 per cent should help home affordability and spur home building, but ...
Finance industry analysts believe that the BoC will drop the overnight interest rate by either 0.25 or 0.5 per cent on ...