Bank of Canada cuts interest rate

Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs
The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.
Bank of Canada lowers rate to 2.75% in second cut of the year
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.
Bank of Canada cuts key interest rate amid trade war, here’s what this means for the housing market
The Bank of Canada is once again dropping its overnight rate to keep up with the economic instability amid a trade war.
House hunting in a trade war? What Bank of Canada’s rate cut means for you
The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.
What to expect from the Bank of Canada rate update next week
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.
Bank of Canada Rate Cut vs. Tariffs: Which Will Dictate the Spring Market?
The Bank of Canada’s March 12 rate cut will be no match for the uncertainty caused by a tariff war. Lower rates won't erase home buyer fears.
Bank of Canada cuts benchmark rate to buffer economy against tariffs
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut. The move was widely expected by economists.
Canadian dollar weakens ahead of expected interest rate cut
By Fergal Smith TORONTO - The Canadian dollar weakened against its U.S. counterpart on Monday as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by U.
Bank of Canada cuts interest rate to quell Trump uncertainty
On Wednesday, the Bank of Canada lowered its key lending rate by a quarter point to 2.75 per cent – its seventh straight cut – in response to expected fallout from tariffs imposed by United States President Donald Trump on Canadian imports.
Bank of Canada cuts interest rate by 25 basis points, as expected
The Bank of Canada cut its policy rate by 25 basis points to 2.75% on Wednesday, as widely expected. Breaking news... check back for updates. More on Canada Bank Of Canada Preview: Another Cut As Tariffs Cloud Outlook USD/CAD Eyes Breakout As Tariff Deadline Approaches Canada's next prime minister vows to win trade war,
Bank of Canada cuts interest rate by quarter point, citing trade turmoil
The Bank of Canada cut its key interest rate by 25 basis points on Wednesday, citing trade uncertainty with the U.S. as the reason for the decision. “In recent months, the pervasive uncertainty created by continuously changing U.
CIBC lowers prime lending rate
CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 5.20 per cent to 4.95 per cent, effective Thursday, March 13, 2025.
Forbes12d
Best Mortgage Rates In Canada For March 2025
This is especially true in today’s environment, even though the Bank of Canada is starting to soften its high key overnight lending rate. High rates impact new homebuyers entering the market ...
Rocket Mortgage exits Canada. Banks win again
Arrears prove Canada’s market is safer. Despite a bubblicious home price run-up pre-March 2022, rising unemployment and the biggest proportionate increase in rates since 1982, only 21 out of 10,000 ...
The BoC rate cut is a penalty for savers and a gift for people with variable-rate mortgages
The best defence for your finances in a trade war is having cash in savings accounts. But by lowering its overnight rate on ...
Forbes25d
Equitable Bank Mortgage Rates 2025
Conversely, when the prime rate drops ... interest rate on your mortgage will fluctuate with the Bank of Canada’s key lending rate. It can be. Equitable Bank advertises mortgage ...