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 ...

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 ... 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 ...

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 ...

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 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 ...