In its monetary policy report the bank revised down its estimate of annualized third-quarter GDP to 1.5% from 2.8% in July.

The housing market is one of Canada’s biggest economic engines. The Bank of Canada is now trying to stoke it with a ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

More Canadian homeowners are considering switching to variable rate from fixed rate mortgages after an unusually large ...

The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, ...

The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting ...

Canada’s central bank brought its key policy rate down by half a percentage point to 3.75 per cent on Wednesday after ...

The central bank’s mandate is to keep inflation stable and predictable; its primary tool is adjusting the policy interest ...

Last month, the US Federal Reserve made its own jumbo cut, lowering interest rates by half a point, a deeper cut than many ...

Prince Edward Island homeowners with variable-rate mortgages, as well as people shopping for a home, have cause for celebration after the Bank of Canada cut the key interest rate to 3.75 per cent, in ...

Among the cautious voices are leaders in commercial real estate (CRE), where the impact of lower interest rates is still seen as limited in the near term. According to Peter Norman, vice-president at ...

The Canadian dollar edged down to an 11-week low against its U.S. counterpart on Thursday as investors bet the Bank of Canada ...