(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 ... 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 ...
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 ...
“They agreed that, in the absence of tariff threats and elevated uncertainty, the decision would probably have been to maintain the policy interest rate at three per cent.” The bank ultimately decided ...
The equity market has reacted negatively to the fall in consumer confidence and especially to the spike in inflation ...
Japan's stock market is hitting new highs due to strong fiscal flows from government spending, current account surplus, and ...
The Bank of Canada’s top decision makers signalled they likely would have paused the interest rate easing cycle earlier this month if not for the substantial uncertainty around tariffs from the United ...
A fixed-rate mortgage is a loan where the interest rate remains the same for a set period of time—typically 1 to 10 years. The most common term in Canada is five years. With a fixed rate, your ...
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 ...
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not ...
The Bank of Canada’s governing council ... March 12 saw the bank lower interest rates to 2.75 per cent – the seventh consecutive cut since 2024. The rate cut was announced just over a week ...