When to Expect Bank of Canada’s Interest Rate Cuts in 2024
In November, the C.D. Howe Institute’s Monetary Policy Council advised the Bank of Canada to maintain the overnight rate at 5.00% in December 2023 and January 2024,… Read more »
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 »
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 »


