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, ...

Bank of Canada officials acknowledged the economic uncertainty created by a potential trade battle supported their decision ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

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%.

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.

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.

Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...

The Bank of Canada’s website provides a daily digest that includes the current overnight rate, as well as other financial information, such as Government of Canada bond yields and exchange rates.

The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.

Prior to that, the unemployment rate had been on a steady rise from a post-pandemic low of 4.6 per cent in July 2022. Market bets on a cut at the Bank of Canada’s March 12 meeting fell to 55 per cent ...