Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...

Interest rates in Canada have declined gradually since the 1980s. Chart 1 plots the interest rate that the Government of Canada pays to borrow for a period of 10 years. This rate hovered around 10 per ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 ...

Market bets on a cut at the Bank of Canada’s March 12 meeting fell to 55 per cent from 80 per cent after the data. Here’s what economists think the latest employment data means for the central bank ...

Our opinions are our own. The prime rate is a base rate set by financial institutions in Canada to determine the variable interest rates they can charge on lending products, such as mortgages and ...