You’ll receive a guaranteed rate of interest when the GIC matures—no need to worry about market volatility. GICs are eligible for Canada Deposit Insurance Corporation (CDIC) coverage ...

Canada's economic activity has grown at a brisk pace in the last two quarters, registering an annualized growth of well over 2%, indicating that seven rounds of interest rate cuts has helped boost ...

Explaining the decision in his opening remarks, Bank of Canada governor Tiff Macklem said the economy started the year strong, with solid GDP growth ... Canada cuts interest rate, warns it ...

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 ...

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 ...

Interest rates in Canada could ... which include Canada. Here’s a look at what the OECD had to say about Canada. The OECD now expects Canada’s gross domestic product (GDP) to grow by 0.7 per cent this ...

The Bank of Canada cut its overnight rate by 25 basis points to 2.75% on Wednesday, as widely expected, against a backdrop of inflation nearing its 2% target and strong GDP growth. The rate cut ...

Why the Bank of Canada may have more rate cuts up its sleeve. How trade uncertainty is impacting the Canadian dollar. Anthony Okolie: The Bank of Canada lowered interest ... We saw GDP per capita ...