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 ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

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 ...