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 ...

As of Mar. 13, 2025, Canada’s prime rate is 4.95%. The prime interest rate in Canada is calculated as a mode average of the Six Big banks’ official prime rates and normally rises or falls ...

OTTAWA—Canada’s economy showed signs of stalling ... the central bank’s governing council to lower its main interest rate for a seventh straight time earlier this month.

Explaining the decision in his opening remarks, Bank of Canada governor Tiff Macklem said the economy started the year strong, with solid GDP growth ... bank's key interest rate on Wednesday ...

(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 ...

Interest rates in Canada could ... which include Canada. Here’s a look at what the OECD had to say about Canada. The OECD now expects Canada’s gross domestic product (GDP) to grow by 0.7 per cent this ...

The Bank of Canada cut its overnight rate by 25 basis points to 2.75% on Wednesday, as widely expected, against a backdrop of inflation nearing its 2% target and strong GDP growth. The rate cut ...

OTTAWA—The Bank of Canada on Wednesday cut its main interest rate by a quarter point to help offset the damage from the U.S.-Canada trade conflict, while also tempering expectations for deeper ...

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 ...

Why the Bank of Canada may have more rate cuts up its sleeve. How trade uncertainty is impacting the Canadian dollar. Anthony Okolie: The Bank of Canada lowered interest ... We saw GDP per capita ...