Bank of Canada's latest rate cut good for future homeowners: Royal LePage CEO
The Bank of Canada’s overnight interest rate cut by 0.25% to 3% is good news for prospective Toronto homeowners said Phil Soper, president and CEO of Royal LePage. “In Toronto, the price of detached ...
Fed rates live: Powell says US central bank does ‘not need to be in a hurry’ to adjust policy stance
The Fed has faced global trade wars before — including during Donald Trump's first term in office. However, at that point neither price pressures nor aggregate demand were as strong as now. This time ...
Toronto Stocks Rise Slightly as BOC Lowers Interest Rates to 3%; Bragg Gaming Group Rises on Outlook
MDA Space shares fell over 11% to C$24.00 after a Bloomberg report said Apple, through T-Mobile, is working with Starlink on satellite service, stoking fears that it could affect MDA Space's ...
Interest rates 'still too high': What economists say about latest Bank of Canada move
The Bank of Canada cut its benchmark lending rate by 25 basis points to three per cent in a move that was widely expected by ...
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...
Bank of Canada Ends Quantitative-Tightening Program — Update
OTTAWA--The Bank of Canada is formally ending its program to shrink central-bank reserves, and anticipates resuming asset purchases on March 5 as part of normal balance-sheet management.
Bank of Canada Ends Quantitative-Tightening Program
Under quantitative tightening, the central bank allows assets to roll off its balance sheet without reinvesting the proceeds. The central bank started to shrink its reserves after they ballooned ...