News

Bank of Canada Most Likely to Hold Rates After Rise in Core Inflation, GDP Surprise
OTTAWA (Reuters) -The Bank of Canada is expected to hold interest rates at 2.75% on Wednesday, with rising core measures of ...
As Bank of Canada holds rates, experts say a cut alone won't stop an economic slowdown
The Bank of Canada held interest rates at 2.75 per cent on Wednesday, pointing to a mixed bag of unexpectedly strong data and ...
Bank of Canada Holds, But July Cut Quite Possible
The BoC held rates today in line with expectations, but growth and labour market deterioration can easily tilt the balance to ...
Bank of Canada holds interest rates: Read the official statement
Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today maintained its target for the ...
Canada's services PMI rises to 3-month high in May as confidence improves
The downturn in Canada's services economy eased somewhat in May as firms grew more hopeful that trade and political ...
Text of the Bank of Canada’s latest interest rate decision
OTTAWA — The Bank of Canada held its policy interest rate at 2.75 per cent on Wednesday. Here is the text of the central bank ...
Bank of Canada holds rate at 2.75%, but eyes July cut amid rising trade tensions
The Bank of Canada (BoC) left its key interest rate constant at 2.75% on Wednesday, pausing for the second time in a row.
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Bank of Canada holds interest rate steady as Canadian economy is showing ‘resilience to tariffs’
Economic growth was stronger than the Bank of Canada had forecasted, which is among the factors leading to interest rates holding steady. The bank’s announcement came out today (June 4), with the ...
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Bank of Canada holds policy rate while unemployment rate increases
On Wednesday, the Bank of Canada maintained its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 ...
Bank of Canada expected to 'return to rate cuts' following hold, economists say
The Bank of Canada maintained its benchmark rate at 2.75 per cent on Wednesday — the second straight announcement hold —  but ...
Ontario’s economy to struggle over summer, alongside most provinces, report says
New data has revealed that most provincial economies will likely struggle over the summer, and Ontario is no exception. A report released today by the Conference Board of Canada suggests that, amidst ...