Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.
Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...
Passive-income investors should resist the temptation to seek out dividend stocks with excessive yields, especially if we’re talking about the types of firms that have yields that are skewing towards ...
How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...
With interest rates expected to decline further, along with economic uncertainties and U.S.-Canada trade tensions, Canadian ...
Bank of Canada officials decided to cut its benchmark interest rate by 25 basis points to 3% last month to better balance inflation risks, and support the economy in light of U.S. President Donald ...
Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate mortgage ...
The Bank of Canada does not guarantee the accuracy or completeness ... and the published annual 2017 rate will be based on the current methodology only. Historical Canadian-Dollar Effective Exchange ...
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 ...
The Bank of Canada (BoC) delivers a widely expected 25 basis points rate cut, bringing interest rates down to 3.00% on Wednesday. This reduction in rates comes at a slower pace after back-to-back ...