Forbes5d
Prime Rate History In Canada
Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate mortgage ...
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
BoC cuts key interest rate to 3% as tariff threats loom
The Bank of Canada said Wednesday that it is lowering its key interest rate by 25 basis points (bps) to three per cent.
PBS8d
Analysis: The potential economic effects of Trump’s tariffs and trade war, in 9 charts
President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...
insurancebusinessmag4d
Inflation drives increase in property insurance premiums - IBC
The increase in insurance premiums in Canada’s property insurance market is part of a broader trend driven by inflation and ...
Trump’s tariffs on Canada, Mexico and China could mean higher inflation, economic disruption
New trade penalties against Canada, Mexico and China that President Trump plans to impose could mean higher inflation and ...