Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.

In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

Despite short-term macroeconomic challenges and uncertainties about interest rate moves, Scotiabank’s growth outlook for 2025 ...

Canada’s unemployment rate continues to decline, falling to 6.6 per cent in January as the economy created more jobs than economists expected. The economy added 76,000 positions, according to ...

Global X High Interest Savings ETF offers a 4.37% yield with liquidity. Read why CASH:CA stock is a solid choice despite ...

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 quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.

With interest rates expected to decline further, along with economic uncertainties and U.S.-Canada trade tensions, Canadian ...

Canada's economy created more jobs than expected in January. (Credit: Peter J. Thompson/National Post) Canada’s unemployment rate continues to decline, falling to 6.6 per cent in January as the ...

Are interest rates still too high ... the bank might need to respond if tariffs are imposed.” The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to 3%.