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 ...

President Trump unveiled sweeping tariffs that included actions on dozens of countries at very high levels.

(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 ...

Interest rates in Canada could rise and stay higher ... s broad-based 25 per cent tariffs on steel and aluminum imports, which include Canada. Here’s a look at what the OECD had to say about Canada.

OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point as it warns trade uncertainty is already hurting the Canadian economy. The move marks the central bank's seventh ...

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 ...

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 ...

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 ...