As trade disruptions slow global economic growth, the Bank of Canada has decided to cut the key lending rate by 25 basis points to 2.5 per cent.

Senior Bank of Canada officials believed a rate cut was warranted even though upside risks to inflation remained intact, according to minutes published by the central bank.

The Governor of the Bank of Canada, Tiff Macklem, revealed that the Bank intends to shift its focus towards potential risks ...

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026.

OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...

BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...

OTTAWA--Senior Bank of Canada officials debated the need for a rate cut ahead of its late July decision, with one camp believing they had provided enough relief to aid the economy through heightened ...

OTTAWA—The Bank of Canada left its main interest rate unchanged Wednesday at 2.75%, while signaling it is ready to reduce rates again should conditions weaken further and inflation moderates. The ...

The Bank of Canada considered cutting interest rates at its last meeting, but trade uncertainty and sticky core inflation compelled officials to hold borrowing costs steady. Policymakers discussed a ...