A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to ...

The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, ...

The Bank of Canada (BoC) last raised its key interest rate 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 rate ...

“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...

The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its ...

U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s ...

In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the country’s central bank announced it had reduced the policy rate from 3.25% to 3%.

BoC lowered its overnight rate by 25bps as Trump threatens to implement a 25% tariff on Canadian goods entering the US. James Marple discusses the impact on monetary policy going forward.

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The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...

The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...

Interest rates can fluctuate regularly. Inflation, market conditions and Bank of Canada policy changes are some of the broader factors influencing individual bank rates in Canada. BoC’s ...