Canada, Bank and rates

The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, ...
The Bank of Canada (BoC) brought its key interest rate down by 0.25 per cent to three per cent in 2025's first update in January. At the time, 25 per cent tariffs from the U.S. were a threat ...
BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products ...