Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their analysis of how US tariffs might derail a soft landing for the Canadian economy.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a flicker of movement in the housing market, but U.S. President Donald Trump’s tariff threat might blunt the effects of another rate reduction on household budgets.
Tariff uncertainty hangs over Bank of Canada’s 1st rate decision of 2025
The Bank of Canada will contend with a looming hit to Canada's economy from Donald Trump's threatened tariffs as it prepares for an interest rate decision this year.
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said.
What Trump tariffs could mean for the Bank of Canada's path forward
While economists expect the Bank of Canada to continue its loosening cycle and cut interest rates on Wednesday, U.S. President Donald Trump’s threat of 25 per cent tariffs has left longer forecasts up in the air, and could see the Bank change its path and potentially even reverse course.
Will the Bank of Canada cut interest rates again? Here’s what experts say
However, Orlando predicts for 2025, the bank will cut the lending rate in total by another 100 basis points by the end of the year, which would bring the lending rate to two per cent. Following next week’s announcement, the Bank of Canada’s next interest rate decision is set for March 12.
Posthaste: Why these economists think the Bank of Canada will be 'one and done' in 2025
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
MoneySense2d
The best high-interest savings accounts in Canada for 2025
We break down what you should know about HISAs and give you our picks for the most competitive interest rates in Canada. High-interest savings account (HISA) HISA rate EQ Bank Personal Account ...
Advisor1d
Canada’s economy primed for a comeback
Lower interest rates and a recovering housing market are set to drive growth in 2025, says CIBC’s Michael Sager ...
Posthaste: So long 'new normal.' The 'old normal' is back and that means higher interest rates
“The excess global liquidity that was previously suppressing interest rates and raising asset values is now beginning to ...
MoneySense2d
The best GIC rates in Canada for 2025
If interest rates rise, your money won’t be locked ... GICs are eligible for Canada Deposit Insurance Corporation (CDIC) coverage, if purchased at a CDIC member institution.
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' ...
Interest rates are dropping, so why aren’t fixed mortgage rates dropping too?
The BoC’s tone during its policy-rate announcements matters, Mr. Rethazy notes. Even when rates drop, hints of inflation ...
Prospect of U.S. Tariffs on Mexico, Canada Could Support Dollar
The prospect of imminent U.S. tariffs on Mexico and Canada could should prevent the dollar from extending its recent falls much further, ING said, adding that investors are probably reasonably ...