Together, these factors pushed prices up. Many Canadians, particularly those on fixed incomes, struggled. To bring inflation back down to 2%, the Bank of Canada decisively raised the policy interest ...

(Sean Kilpatrick/The Canadian Press) The Bank of Canada's top decision makers signalled they likely would have hit pause on the interest rate easing cycle earlier this month if not for the ...

Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. MoneySense is an ...

The Bank of Canada ... s interest rate hikes slowed the economy and pushed up unemployment. Subsequent rate cuts gave a boost to the economy through the back half of last year, with GDP growing ...

Our editorial team of trained journalists works closely with leading personal finance experts in Canada ... interest depending on the size of your balance. At a glance: With a 0% balance transfer ...

As the BoC’s interest ... rate mortgages and other loans. November 25, 2024: Then President-elect Donald Trump announced his intention to impose a 25% tariff on products entering the U.S. from ...

The Bank of Canada cut its policy interest ... any particular rate path, there’s clearly a focus on downside risks as ‘pervasive uncertainty’ could derail the strong GDP and labour market ...

we’ve rounded up the best options for low-interest credit cards in Canada. 0% promotional annual interest rate (“AIR”)† for 12 months on balance transfers completed within 90 days of ...

The Bank of Canada (BoC) brought its key interest rate down by 0.25 per cent to three per cent in 2025's first update in January. At the time, 25 per cent tariffs from the U.S. were a threat ...

Bank of Canada interest rate cuts might not be able to fix the ... If 25-per-cent tariffs are reinstated in April, Canada’s GDP will shrink in the second quarter and unemployment will rise.

Bank of Canada governor Tiff Macklem is expected to cut interest rates to 2.75 per cent Wednesday. (Credit: The Canadian Press) Bank of Canada interest rate cuts might not be able to fix the damage ..

Canada’s economy gained fewer jobs than expected in February, raising the odds of a Bank of Canada interest rate cut next week. Canada’s unemployment rate held steady at 6.6 per cent, with the economy ...