Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

Chart 1 plots the interest rate that the Government of Canada pays to borrow for ... For instance, Mendes (2014) and, more recently, Chen and Dorich (2018) provide Bank of Canada estimates of the ...

The Bank of Canada announced a 25 basis point cut to its key benchmark rate, bringing it down to 3.0 per cent ・This decision comes at a critical time, as it is the first rate announcement and economic ...

We're more than halfway through January, and the Bank of Canada's next interest rate announcement is coming on Jan. 29. Currently, the overnight lending rate is at 3.25 per cent — down from five per ...

The Bank of Canada said Wednesday that it is lowering its key interest rate by 25 basis points (bps) to three per cent.

The Bank of Canada is expected to cut its policy rate by 25 basis points on Wednesday, amid widespread trade uncertainty with the United States. The central bank’s interest rate currently sits at 3.25 ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting trade tensions and political uncertainty weigh on the country’s economic outlook.