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 ...

The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move ...

The Bank of Canada is likely to make a jumbo cut to interest rates, acknowledging that borrowing costs should fall more ...

The Canadian dollar weakened to an 11-week low against its U.S. counterpart on Wednesday as the Bank of Canada cut interest ...

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Monetary policy is vital, but it cannot be the only way to fix the Canadian economy — it’s merely the first line of defence ...

The bank expects economic activity to increase gradually as interest rates fall. Its new forecast sees Canadian output ...

Some relief for borrowers Wednesday as the Bank of Canada announced its latest interest rate cut. As anticipated, rates are ...

The Bank announced Wednesday that it's cutting its key overnight interest rate by 50 basis points — a half percentage point.

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In a significant move, the Bank of Canada cut its benchmark interest rate by 50 basis points, lowering it to 3.75%.