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Bank of Canada

Photo of a holiday gift cut with scissors—symbolizing a December Bank of Canada rate cut.

Mortgages

Making sense of the Bank of Canada interest rate decision on December 11, 2024

Making sense of the Bank of Canada interest rate decision on December 11, 2024
A maintenance worker outside the Bank of Canada building on Wellington Street in Toronto

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Bank of Canada lowers key interest rate by 0.5%

On Wednesday, the central bank announced a jumbo rate cut—its fifth cut in a row since June—and signalled a...

Bank of Canada lowers key interest rate by 0.5%
Three loonies sit on a map on the Canadian-U.S. border

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How Trump’s election win could affect interest rates in Canada

Experts say Donald Trump’s promised policies risk higher inflation and could weigh on the Canadian dollar.

How Trump’s election win could affect interest rates in Canada

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Why are Canadians still frustrated with the economy?

Inflation is down, wages are up. But the economic recovery has been uneven, with “two contradictory trends” shaping Canadians’...

Why are Canadians still frustrated with the economy?

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Prominent business building Brookfield place in Toronto, symbolizing a look at Canada's economy.

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Canada’s economy news: Are we growing enough?

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates.

Canada’s economy news: Are we growing enough?
Photo by emojiisland

Mortgages

Making sense of the Bank of Canada interest rate decision on October 23, 2024

Making sense of the Bank of Canada interest rate decision on October 23, 2024

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Bank of Canada delivers half percentage point rate cut

The central bank lowers its key interest rate to 3.75% and says it now must keep inflation at 2%....

Bank of Canada delivers half percentage point rate cut

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25 personal finance highlights from the last 25 years

From legislative changes to economic trends and consumer behaviours, here are 25 financial highlights that defined the last two...

25 personal finance highlights from the last 25 years

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How has inflation affected Canadians’ finances in recent years?

A new report says inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income...

How has inflation affected Canadians’ finances in recent years?

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