In its monetary policy report the bank revised down its estimate of annualized third-quarter GDP to 1.5% from 2.8% in July.

The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move ...

The Bank of Canada is likely to make a jumbo cut to interest rates, acknowledging that borrowing costs should fall more ...

The Canadian dollar weakened to an 11-week low against its U.S. counterpart on Wednesday as the Bank of Canada cut interest ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Monetary policy is vital, but it cannot be the only way to fix the Canadian economy — it’s merely the first line of defence ...

The bank expects economic activity to increase gradually as interest rates fall. Its new forecast sees Canadian output ...

Some relief for borrowers Wednesday as the Bank of Canada announced its latest interest rate cut. As anticipated, rates are ...

The Bank announced Wednesday that it's cutting its key overnight interest rate by 50 basis points — a half percentage point.

In the meantime, the Bank of Canada’s policy rate remains in restrictive territory. According to its MPR, the neutral rate is estimated to be in the range of 2.25 per cent to 3.25 per cent, with ...

The Bank of Canada will release its interest rate decision and monetary policy report on Wednesday. Here are five things to ...

Among the cautious voices are leaders in commercial real estate (CRE), where the impact of lower interest rates is still seen as limited in the near term. According to Peter Norman, vice-president at ...