Bank Of Canada

• How the latest interest rate hike could affect everyday Canadians

  While Wednesday's hike is less significant than those that followed the pandemic, experts say people who are already struggling to make ends meet will feel the burden first.

  Economy

  Oct 28
  
• Bank of Canada says its interest rate hike is ‘not going to feel good’

  The Bank of Canada hiked interest rates by 0.25 per cent on Wednesday to 2.5 per cent, marking the first change to its benchmark in a year and the first increase in three years.

  Economy

  Oct 28
  
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• Bank of Canada expected to raise rates next week, some economists say

  The Bank of Canada has held its key interest rate unchanged for about a year, but some economists expect rates to begin increasing again as early as next week.

  Consumer

  Oct 21
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• Bank of Canada says aging population, low immigration ‘reshaping’ economy

  In 2025, Canada’s population growth slowed to 0.5 per cent – the slowest rate of growth in more than a century after 150 years of steady growth.

  Economy

  Oct 9
• What the U.S. Fed hiking rates means for the loonie and for borrowers

  The U.S. Federal Reserve hiked interest rates for the first time in three years on Wednesday, and several economists say this could add pressure on the Bank of Canada.

  Consumer

  Sep 17
• Bank of Canada holds key rate at 2.25 per cent once again

  Monetary policymakers at the Bank of Canada use the policy rate to keep a lid on inflation and support economic growth when prices are contained.

  Canada

  Sep 2
• The Bank of Canada’s worried about the rise of private credit. Here’s why

  The concern revolves around private credit, which doesn't have a universal definition but broadly involves businesses taking out loans from non-bank lenders.

  Economy

  Aug 23
• Bank of Canada holds rates at 2.25% as Iran war risks future hikes

  Governor Tiff Macklem at the Bank of Canada warned that interest rates may need to rise if the war in Iran leads to persistent inflation in Canada.

  Economy

  Jul 15
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• Bank of Canada security workers on strike after negotiations failed

  Security officers at the Bank of Canada began a job action today after talks failed to secure a new collective agreement between the central bank and the union.

  Canada

  Jun 23
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• Canada’s economy is weak, but ‘not clearly in recession,’ Macklem says

  Governor Tiff Macklem at the Bank of Canada said Wednesday that the economy is weak, but "not clearly in recession" after the central bank left interest rates unchanged.

  Economy

  Jun 10