When Canada's lending rate goes down, why do some mortgage rates still go up?
As inflation and bank rates fall, some mortgage rates are actually going up. We take a look at why fixed rates aren’t ...
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
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Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Trump commerce pick defends tariffs, hints at fight with Canada over dairy
Howard Lutnick, Trump's pick for U.S. commerce secretary, said tariffs will 'create reciprocity, fairness and respect' for ...
Bank of Canada cuts interest rate, warns it can't protect economy from tariffs
The Bank of Canada has cut its key interest rate another 25 basis points to three per cent as Governor Tiff Macklem warns there's little the central bank can do to negate the economic impact of U.S.
What is H5N9? The U.S. reported its first outbreak of the rare bird flu variant. Could Canada be affected?
The U.S. is reporting its first confirmed outbreak of H5N9 avian flu at a California duck farm amid a global surge in its ...
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...
Canada will no longer let Pacific Crest Trail thru-hikers cross the border
The Pacific Crest Trail permit program has ended. Anyone seeking to complete the Canadian portion of the trail must use a ...
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
The tariff threat, coupled with cost-of-living constraints that remain front and centre for many Canadians, might blunt the ...
Banks cut prime rate to 5.2%, following Bank of Canada's lead
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...
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Here's what the new Bank of Canada interest rate cut means
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...
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Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub
Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada's ...