The Bankof Canada (BoC) last raised its key interestrate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of ...
Canada's economy created more jobs than ... think the latest employment data means for the central bank and interestrates. The impact from a weaker Canadian dollar was apparent in those ...
For example, later this year, when it is widely anticipated that the Bankof Canada will cut its key interestrate by another 50 to 75 basis points, the prime rate will drop by the same ...