The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement
Bank of Canada
The Bank of Canada is cutting its overnight rate target by half a percentage point to 0.75 per cent in response to COVID-19
Earlier in the day, the U.S. Federal Reserve pumped vastly more money, US$1.5T, into American financial markets, which did little to stop the bleeding on North American stock markets
Canada's top central banker says concerns about the immediate impact of the novel coronavirus spurred the Bank of Canada to cut its trend-setting interest rate this week
The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response to the economic shock from the novel coronavirus outbreak.
Breaking down inter-provincial trade barriers and reforming tax and regulatory systems will keep the country's economy humming into the future, the Bank of Canada's second-in-command says
Central bank predicts Canadian economy will grow by 1.6% this year, slightly lower than its projection in October.
Business confidence in Canada has edged higher as global trade tensions have eased, but the Prairies, hard hit by a drop in energy prices, continue to remain a weak spot
Deputy Governor Timothy Lane will discuss the bank’s interest rate decision at Thursday morning’s Local Breakfast Series, hosted by the Ottawa Business Journal and the Ottawa Board of Trade
Jobs numbers, bank earnings and a speech by the deputy governor of the Bank of Canada at our own Local Breakfast Series are some of the big stories to watch this coming week