Unemployment jumped in April, strengthening the case for a June rate reduction

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty ... More

The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically in 2025 as they did in 2024, but they still see various sources of ... More

An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point later this month.

Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy

The Bank of Canada elected to hold interest rates steady at 5 per cent.

Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More

The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada.

The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More

Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists ... More

The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures.

Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an ... More

Could the prospect of persistently high rates spell trouble for the market’s stability?

The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, ... More

The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement.

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.

The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the ... More

The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy.

There will be growth for the Canadian economy in the next two years as the country avoids recession.

A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader.

The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report.

Surprise city makes the list.

The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.

Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold ... More

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t ... More

The latest reading of Canada’s economy brings both good and bad news for the housing market.