High interest rates and unemployment: Expectations for June’s rate announcement
Employment jumps by 90,000 in April, raising doubts about June interest rate cut.
Bank of Canada
Making sense of the Bank of Canada interest rate decision on April 10, 2024
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BoC expects to cut rates this year, governing council split on timing: deliberations
Many Canadians are hoping for a decrease in the Bank of Canada’s benchmark interest rate. Here's how the governing...
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Canada’s inflation rate slows to 2.8% in February as price growth unexpectedly eases
A drop in cellular and internet service prices, as well as slower growth in grocery prices, drove the second...
Economists expect inflation rate ticked up above 3% last month amid higher gas prices
Statistics Canada will release February’s inflation numbers on March 19. Here’s why the inflation rate might be higher.
Bank of Canada holds key rate steady at 5%, says too early to cut
The central bank announced its interest rate decision, as economists widely expected no change in the policy rate.
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What to expect for GICs in 2024
The rates offered on guaranteed investment certificates have skyrocketed over the past two years. Here are considerations for investors...