Our opinions are our own. The prime rate is a base rate set by financial institutions in Canada to determine the variable interest rates they can charge on lending products, such as mortgages and ...

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 ...

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 ...

This comes after GDP rose ... lower its main interest rate for a seventh straight time earlier this month. "January may represent the peak in economic activity as the U.S.-Canada trade war pushes ...

Canada’s economic activity has risen at a brisk pace in the last two quarters, registering an annualized growth of well over 2 percent, indicating that seven rounds of interest rate cuts had ...

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 ...

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 ...