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Bank of Canada

Canadian holding keys to a new home, in hopes that the Bank of Canada rate announcement will have an impact on mortgage rates.

Columns

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Making sense of the Bank of Canada interest rate decision on July 24, 2024
Photo by Justin Tang/The Canadian Press

News

What is the Bank of Canada’s interest rate?

Bank of Canada cuts its key interest rate by quarter percentage point to 4.5%.

What is the Bank of Canada’s interest rate?

News

Markets bet on second Bank of Canada interest rate cut

Economists and market analysts expect the central bank to cut its benchmark rate this week following a drop in...

Markets bet on second Bank of Canada interest rate cut

Spend

Canada’s inflation rate—and what it means for your investments

The Consumer Price Index shows inflation ticked back up in May. How should inflation influence your choice of stocks,...

Canada’s inflation rate—and what it means for your investments

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News

Canada’s inflation rate falls to 2.7% in June, driving hopes for July rate cut

The inflation reading gives some economists more confidence that the Bank of Canada will cut its benchmark interest rate...

Canada’s inflation rate falls to 2.7% in June, driving hopes for July rate cut

News

BoC considered waiting until July to cut interest rates, summary says

The central bank remains cautious in its approach, noting that it plans to take future interest rate decisions one...

BoC considered waiting until July to cut interest rates, summary says
Fireworks for the June 5 BoC lower rate announcement

Mortgages

Making sense of the Bank of Canada interest rate cut on June 5, 2024

Making sense of the Bank of Canada interest rate cut on June 5, 2024
Bank of Canada governor Tiff Macklem discusses the Bank's latest interest rate decision

Financial literacy

What the Bank of Canada’s first rate cut in 4 years means for your finances

What the Bank of Canada’s first rate cut in 4 years means for your finances

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Mortgages

Mortgage broker vs. bank—which will save you more money?

The pros and cons of using a mortgage broker and going to a bank directly.

Mortgage broker vs. bank—which will save you more money?

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