Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow ...

The Bank of Canada would have held its policy rate at three per cent in March in the absence of trade uncertainty with the United States, according to a summary of deliberations leading up to the ...

Canada’s economy lost jobs in March for the first time since January 2022, with the unemployment rate rising to 6.7 per cent ...

The Bank of Canada is expected to cut interest rates more deeply as U.S. President Donald Trump’s tariff barrage sends world ...

As the BoC’s interest rate decisions influence the ... on the timing and depth of future rate cuts. What is the Bank of Canada rate right now? As of March 12, 2025, the Bank of Canada’s ...

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 ...

(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 ...

The Bank of Canada cut its policy interest rate by a quarter percentage point to 2.75 per cent and warned of an economic downturn amid a trade war with the United States. This is the seventh ...

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 ...

Earlier this month, the Bank of Canada announced its seventh consecutive interest rate cut since it began lowering rates in ...