The central bank lowered its benchmark interest rate by a supersized half-percentage point in both October and December as ...

in line with the Bank of Canada’s eight fixed annual announcements on policy interest rate decisions. In 2022, the prime rate was raised seven times after the Bank of Canada’s announcements.

The BoC’s tone during its policy-rate announcements matters, Mr. Rethazy notes. Even when rates drop, hints of inflation ...

Mixed economic signals, including strong job growth and rising household credit stress, complicate Canada’s interest rate ...