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 ...
(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 ...
as uncertainty over U.S. interest rates and the upcoming presidential elections kept the safe haven in demand. At 04:10 ET (08:10 GMT),... Top 5 things to watch in markets in the week ahead By ...
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 ...
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 announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. Most economists expect the central bank will ...
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 ...
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 ...
As U.S. political fervor threatens Canada with tariffs, would-be annexation and a trade war, financiers and economists predict that the Bank of Canada will likely announce another interest rate ...
In the lead-up to the 2024 U.S. presidential election, interest rate theory was fairly simple. If inflation was higher than a target number set by the Bank of Canada (around two per cent), then ...