As anticipated, the Bank of Canada has reduced its target for the overnight rate to 4¾% (4.75%), the first cut in more than four years. In its statement, the ...
Karen Parrott
According to Statistics Canada, Canada's population grew by 3.2 per cent in 2023, reaching 40,769,890 as of Jan. 1, 2024, the highest rate since 1957. Across ...
April.10/2024: Bank of Canada holds key interest rate at 5% which was expected. While inflation is still too high and risks remain, CPI and core inflation ...
After reaching historically high levels in recent years, housing starts in Canada are expected to decline in 2024, before recovering in 2025 and 2026, ...
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank stated it is continuing ...
The Bank of Canada has left its overnight target rate unchanged at 5.00%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its ...
The Bank of Canada today held its target for the overnight rate at 5% and stated, "they will be continuing its policy of quantitative tightening". The ...
Canada’s inflation rate slowed more than expected in October, coming in at 3.1% annually compared to expectations of 3.2%. The slowdown was due primarily to a ...
Deputy Prime Minister and Minister of Finance Chrystia Freeland delivered the 2023 federal Fall Economic Statement which provides an update on the country's ...
Senior Deputy Governor Carolyn Rogers announced we may need to get used to higher rates for longer. She stated the following factors contributing to this ...