Bank of Canada Governor ... lowered their prime rates by 25 basis points as of 3:50 p.m. ET. The bank's internal research shows that Canadian businesses intend to raise prices to offset the ...

Bank of Canada ... of Canadian rates and macro strategist, said in a note to clients on Wednesday that the deliberations strike a "hawkish" tone — tilted toward keeping interest rates higher ...

The Bank of Canada’s policy interest rate – also known as the overnight rate – is 2.75 per cent. This is the benchmark for short-term interest rates in Canada, and it influences longer-term ...

When the Bank of Canada’s overnight rate increases, you can earn higher interest on your deposits in HISAs, because financial institutions face competitive pressure to raise rates. Digital banks ...

The prime rate is a base rate set by Canadian banks to determine the variable interest rates ... Bank of Canada’s eight fixed annual announcements on policy interest rate decisions. In 2022 ...

Should the U.S. tariffs remain in place, Canada will raise the value of goods ... a roughly 80 per cent chance that the Bank of Canada will cut interest rates further on March 12, according ...

Trump already has imposed a 25% levy on imported steel and aluminum, 20% on all shipments from China and 25% on some goods from Canada and Mexico ... which peaked in 2022. Then, the central bank ...

Canada has responded to Trump's tariffs, unveiling 25 per cent retaliatory tariffs on $30 billion worth of goods on Tuesday. Should the U.S. tariffs remain in place, Canada will raise the ... that the ...