Canada’s inflation rate fell by slightly more than expected in July to 1.7 per cent, which economists say could pave the way ...

The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing ...

The bank leaves its key rate alone for a third straight meeting, after cutting it seven times in a row from its five per cent ...

The Bank of Canada updated its monetary policy Wednesday, and held its key lending rate at 2.75 per cent for the third straight meeting.

However, as of December 2024, signs of a slowing economy have prompted the Bank of Canada to hold off on further rate drops this month, signalling caution amid uncertainty.

The Bank of Canada cut its key interest rate to 3.25 per cent on October 23 – its fourth consecutive cut in a long-awaited monetary policy easing cycle. The next interest rate announcement is December ...

Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most ...

Our opinions are our own. Editor’s Note: On July 30, the Bank of Canada announced that the overnight rate will remain unchanged at 2.75%. The next rate announcement will take place on September 17.

By Malcolm Morrison, The Canadian Press TORONTO - The Canadian dollar continued to drift downward Tuesday morning to multi-year lows amid mixed commodity prices and a heavy slate of economic data in ...

TORONTO - The Canadian dollar continued to drift downward Tuesday morning to multi-year lows amid mixed commodity prices and a heavy slate of economic data in Canada and the U.S. this week. The loonie ...