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Bank of Canada's rate cut gets a thumbs up
Bank of Canada interest rate drop good news for mortgage holders
A major cut to the Bank of Canada’s key interest comes as welcome news to realtors and those holding variable rate mortgages – but it also signals a growing sense of uncertainty about the broader Canadian economy.
Bank of Canada slashes interest rates with another jumbo cut
Bank of Canada Governor Tiff Macklem also said for the first time that the possibility the new administration of US President-elect Donald Trump might impose tariffs
Banks lower prime rates following Bank of Canada move
Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
13h
BoC Governor Macklem speaks on outlook after cutting policy rate by 50 bps to 3.25%
The Bank of Canada (BoC) will announce its decision on monetary policy on Wednesday. The BoC is widely anticipated to trim ...
Investment Executive
3h
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
Forecasters were widely expecting the jumbo interest rate cut after the November labour force survey showed the unemployment ...
7h
Macklem Signals Return to Gradual Pacing With Hawkish Jumbo Cut
After quickly chopping interest rates down from the highest levels in two decades, the Bank of Canada is pivoting to a more ...
12h
Tiff Macklem explained today's rate decision and what he's keeping an eye on going forward
Bank of Canada Governor Tiff Macklem explained today's rate decision and what he's keeping an eye on going forward.
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