The Bank of Canada kept its benchmark interest rate unchanged at 5.0 per cent in the third consecutive decision on Wednesday, but warned further hikes are ...
โHigher interest rates are clearly restraining spending: consumption growth in the last two quarters was close to zero, and business investment has been ...
Policymakers led by Governor Tiff Macklem left the benchmark overnight rate unchanged at five per cent on Wednesday, the highest level in 22 years. The pause ...
The Bank of Canada ended the year with another interest rate hold as the economy slows and forecasters speculate on the timing of rate cuts in 2024.
Real estate experts say the Bank of Canada's decision to hold interest rates at five per cent is a positive sign for mortgage holders with loans tied to ...
The Bank Rate is at 5ยผ per cent and the deposit rate at five percent. In a statement, the Bank of Canada said that the global economy continues to slow and ...