Bank of Canada makes another hefty rate cut with slower pace of cuts going forward
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 ...
Bank of Canada Delivers Second Straight Half-Point Interest Rate Cut
For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates ...
Bank of Canada likely to reduce interest rate by 50bps
The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers ...
Bank of Canada cuts interest rate, says to expect more 'gradual approach' ahead
The 50 bp cut is the Bank's fifth consecutive drop in rates since June, and its second jumbo reduction in a row.
Jumbo cuts done and dusted: What economists are saying about the Bank of Canada and interest rates
Canadians shouldn’t expect more jumbo-sized interest rate cuts, Stephen Brown, deputy chief North America economist at ...
The latest Bank of Canada rate cut will drive these five personal finance trends in 2025
A Donald Trump presidency could do some damage to your finances next year and beyond. Already, Mr. Trump’s threat of ...
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Bank of Canada interest rate drop good news for mortgage holders
A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages ...
Bank of Canada expected to cut interest rates by 50 basis points Wednesday — but not every economist is thrilled
While many experts support a larger interest rate cut, others argue that the bank should take a more restrictive approach as ...
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Update: Bank of Canada cuts interest rate to 3.25 per cent: What to know
Finance industry analysts believe that the BoC will drop the overnight interest rate by either 0.25 or 0.5 per cent on ...
Banks lower prime rates after Bank of Canada cuts interest rates again
The Bank of Canada’s cut to 3.25 per cent marks the fifth consecutive decrease this year after it started lowering its key ...
Bank of Canada cuts rates by 50 bps says more gradual approach to follow
Canada's main stock index opened higher on Tuesday, helped by technology shares, as investors assessed U.S. inflation data ...
Bank of Canada's interest rate cuts have reframed the mortgage shock story — but not for everyone
Around 40% of mortgages up for renewal in 2025 will see "de facto lower monthly payments," CIBC economists say.