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 ...

Bank of Canada governor Tiff Macklem is shown at news conference in Ottawa on March 12. The rate decision came a little over a week after the U.S. levied its first round of blanket tariffs on ...

Bank of Canada Governor Tiff Macklem holds a news conference in Ottawa on Wednesday. The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on ...

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The Bank of Canada debated holding interest rates steady before ultimately deciding to lower borrowing costs in order to relieve worried consumers and businesses as the trade war struck the economy.

As the BoC’s interest rate decisions influence the prime rate, the ‘Big Six Banks’ and other lenders have again lowered their prime rate to 4.95%, which is good news for holders of variable ...

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 ...

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 ...

The head of the Bank of Canada is signalling a shift in how the central bank sets its key interest rate as trade uncertainty with the United States makes long-term forecasting much more difficult.

The Bank of Canada (The Bank) commenced operations in March 1935 under the terms of the Bank of Canada Act of 1934. Data for the month-end series (Bank of Canada assets and liabilities: Month-end ...