Tiff Macklem: Bank of Canada Has No Immediate Intentions to Raise Interest Rates
Canada’s new top central banker says the Bank of Canada has no intention to raise interest rates given the current economic circumstances created by the COVID-19 pandemic…. Read more »
Canada Infrastructure Bank Studying the Feasibility of Passenger Rail Service Between Calgary & Banff
The Alberta government has signed a memorandum of understanding with the Canada Infrastructure Bank (CIB) to assess the feasibility of a new passenger rail service between Calgary… Read more »
March 27: Bank of Canada Cuts Interest Rates to 0.25 Percent
The Bank of Canada has lowered its interest rate by 50 basis points to ¼ percent. After the rate cut, the bank rate is ½ percent and… Read more »
March 4: Bank of Canada Cuts Interest Rates
The Bank of Canada has lowered its interest rate by half a percentage point to 1.25 per cent. After the rate cut, the bank rate is 1… Read more »