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Bank of Canada

Family moving into a new home, anticipating their mortgage interest based on the Bank of Canada's March 6, 2024 policy rate announcement.

News

Making sense of the Bank of Canada interest rate decision on March 6, 2024

Making sense of the Bank of Canada interest rate decision on March 6, 2024
Bank of Canada Governor Tiff Macklem holds a press conference at the Bank of Canada in Ottawa on Wednesday, March 6, 2024.

News

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.

Bank of Canada holds key rate steady at 5%, says too early to cut
A GIC investor talks to their financial advisor about whether to buy GICs in 2024.

Ask a Planner

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...

What to expect for GICs in 2024
A woman sits on the couch looking at her phone

Mortgages

How much is the average mortgage payment in Canada?

Mortgage interest rates have jumped sharply since the Bank of Canada started hiking the benchmark interest rate, but not...

How much is the average mortgage payment in Canada?

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Bank of Canada governor Tiff Macklem with Finance Minister Chrystia Freeland announcing the renewal of the Bank’s Monetary Policy Framework

Budgeting

How high will interest rates go in Canada? Could they reach double digits?

Has the Bank of Canada reached the end of its rate hike cycle, or could we be in for...

How high will interest rates go in Canada? Could they reach double digits?
An exterior of the Bank of Canada's headquarters

Banking

What would a central bank digital currency mean for Canada? We ask 5 experts

The Bank of Canada is exploring whether we need a national digital currency. Five financial experts weigh in on...

What would a central bank digital currency mean for Canada? We ask 5 experts
Eggs sit in a carton with different expressions drawn in black marker to represent investor behavior.

Investing

How recession fears are shaping investor behaviour and emotions

In the first quarter of 2023, investors wrestled with fast-changing market conditions. Here are some takeaways and tips on...

How recession fears are shaping investor behaviour and emotions
Photo of a Bank of America building

Investing

Making sense of the markets this week: April 23, 2023

What’s Dale’s take on the economy? Big U.S. bank earnings rock. Apple continues with global domination, and the bitcoin...

Making sense of the markets this week: April 23, 2023

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A row of houses in Moncton, New Brunswick

Real Estate

Where to Buy Real Estate in Canada 2023: National ranking

Following a year of dramatic ups and downs, the Canadian real estate market is stabilizing. Our data reveals the...

Where to Buy Real Estate in Canada 2023: National ranking

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