Bank of Canada Cut Rates to Fuel Growth, Shield Economy From Possible Trade Fallout, Minutes Say
OTTAWA--A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to agree on a quarter-point rate cut last month, according to minutes ...
Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to ...
Bank of Canada Adds Second Outsider to Rate-Setting Council
The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its ...
Canadian Dollar remains in steady range on Tuesday
The Canadian Dollar (CAD) remains buried within consolidation against the Greenback. The Loonie briefly fell to its lowest ...
FXStreet6d
Bank of Canada (BoC)
The Bank of Canada (BoC) delivers a widely expected 25 basis points rate cut, bringing interest rates down to 3.00% on Wednesday. This reduction in rates comes at a slower pace after back-to-back ...
Forbes6d
The Bank Of Canada Cuts Key Interest Rate to 3%
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 ...
Odds of Bank of Canada interest rate cut in March drop after jobs beat
Canada’s unemployment rate continues to decline, falling to 6.6 per cent in January as the economy created more jobs than ...
Bank of Canada6d
What’s behind your mortgage rate
Interest rates in Canada respond to what happens elsewhere. For example, foreign interest rates fell during 2019. Interest rates for Canadian five-year fixed mortgages dropped in response. The Bank of ...
MoneySense3d
The best GIC rates in Canada for 2025
merged with Imperial Bank of Canada (founded in 873). It currently serves more than 13 million customers. CIBC offers some GICs at a “bonus rate,” which generates more interest than the posted ...
MoneySense3d
The best high-interest savings accounts in Canada for 2025
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada.
NerdWallet1d
Today’s Best BMO Mortgage Rates
BMO’s prime rate was lowered to 5.25% on January 30, 2025, following the Bank of Canada rate announcement ... With a fixed-rate mortgage, your interest rate will remain the same for the duration ...
Falling fixed mortgage rates could be booster juice for buyers
Other things equal, more bond buying leads to lower bond yields, which usually means lower fixed mortgage rates. And that’s exactly what we’re seeing.