The Global Financial Crisis hit and central banks around the world, including Canada’s own, began slashing rates. The prime rate dropped to as low as 2.25% in 2009. Interest rates stayed low for ...

Canada’s facing a trade war with its largest partner, and it may send interest rates plunging. BMO Capital Markets wrote to ...

Yields on competitive CDs increased to historic highs in recent ... outside the current rate cycle. “The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with ... curated a list of the best fixed-rate mortgages in Canada today to help you choose ...

Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...

How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...

The central bank announced its sixth cut in a row since June, as looming U.S. tariffs add uncertainty to the economic outlook ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

We're more than halfway through January, and the Bank of Canada's next interest rate announcement is coming on Jan. 29. Currently, the overnight lending rate is at 3.25 per cent — down from five per ...

Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada ...

The Bank of Canada on Wednesday lowered its overnight policy interest rate by 25 basis points to 3% at the first monetary policy meeting of 2025. Deciding in line with market expectations ...