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Canada’s economy grew at an annualized pace of 2.2% in the first quarter of 2025, outpacing expectations and matching the ...
BoC to keep the policy rate on hold at its 4 June meeting (instead of a 25bps cut). With the policy rate at neutral, BoC has ...
Real gross domestic product (GDP) grew at an annualized pace of 2.2 per cent — higher than Statistics Canada’s early estimate ...
Growth primarily driven by exports as companies in the United States rushed to stockpile before President Donald Trump’s ...
The bank’s next interest rate statement is coming out Wednesday, June 4. More cuts should come at some point, but not likely until 2026, a recent Scotiabank report shared. Statistics Canada’s April ...
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BoC dropped the overnight rate for a fifth time in 2024: How it will impact the prime rate in Canada?In July, when the Bank of Canada (BoC) announced the second rate drop of its overnight rate, BoC Governor, Tiff Macklem highlighted the growing confidence that inflationary pressures were now ...
Consumer price data for April, due on May 20, may offer some relief to policymakers. Headline CPI is forecast to fall by 0.6% ...
Financial market odds of an interest rate cut in June fell to just under 35% Tuesday afternoon — a flip from roughly 64% at ...
Canadian inflation is officially “too high,” putting the Bank of Canada’s (BoC) credibility into jeopardy for the second time ...
Ethan Currie and Warren Lovely, economists, National Bank of Canada: “Prior to the decision, our baseline expectation for the BoC rate path suggested an April ‘pause,’ followed by 75 basis ...
The Bank of Canada’s rate-cutting spree is running into a wall of stubborn inflation, with Scotiabank (TSX:BNS) warning that rising price pressures leave the central bank with “no way” to justify more ...
Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.
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