Paul Volcker wanted to tame inflation and the Bank of Canada ... including Canada’s own, began slashing rates. The prime rate dropped to as low as 2.25% in 2009. Interest rates stayed low ...

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 ...

The Bank of Canada warned after delivering another interest rate cut on Wednesday that Canada ... is quick to point out that there’s little historical precedent for tariffs of this magnitude.

There are “compelling reasons” to expect another Bank of Canada (BoC) interest rate cut in March, in spite of recent economic ...

“There are signs economic activity is gaining momentum as past interest rate cuts work their way through the economy,” Bank of Canada governor ... in line with historical norms and the cost ...