News

The Bank of Canada’s mandate continues to rest with inflation stability — “vital at a time of heightened volatility,” she ...
The Bank of Canada (BoC ... on a $500,000 variable-rate mortgage previously at 5.45%, monthly payments drop by approximately ...
We have argued over ... rates do drop significantly.” It’s a notable change from just a few months ago, when analysts expected Canada’s real estate market to pick up in the spring once Bank ...
With a fixed-rate mortgage, you make the same payment over ... drops, that variable-rate mortgage will also drop. For example, later this year, when it is widely anticipated that the Bank of ...
As the BoC’s interest rate decisions influence the prime rate, the ‘Big Six Banks’ and other lenders have maintained their prime rate at 4.95%. Potential Impact of Threatened U.S. Tariffs ...
Inflation grew less than expected in March, rising 2.3 per cent year over ... time last year. In February, headline inflation grew 2.6 per cent. Here’s what economists think the latest inflation ...
The Bank of Canada on Wednesday decided to hold its benchmark interest rate steady ... compared with this time last year. Compared with last month, Canada recorded a drop of 4.8 per cent in ...
OTTAWA, April 16 (Reuters) - The Bank of Canada released the following statement ... and our commitment to maintain price stability over time. "With that, the Senior Deputy Governor and I would ...