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
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
The Bank of Canada is holding steady on interest rates as it gauges the extent of the damage that deepening trade conflicts have had on the domestic and global economies
Ottawa’s annual rate of inflation crept slightly higher than the rest of the country in July, as national prices rose in line with Bank of Canada targets.
The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with global trade conflicts
The Bank of Canada is leaving its key interest rate unchanged and is pointing to increased uncertainty about the timing of future rate hikes following the economy's abrupt deceleration in late 2018
Ottawa’s annual inflation rate jumped to 2.5 per cent in December, one of the highest rates of any major Canadian city, Statistics Canada said Friday.
The Bank of Canada left its trend-setting interest rate unchanged at 1.75 per cent Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months