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 ...

Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...

inflation will be higher,” he said during a press conference in Ottawa. “We are going to be assessing the relative weight of those two.” In a departure from previous Bank of Canada meetings, Macklem ...

Trump Puts Tariffs on Canada ... said the lower rate on energy reflected a desire to minimize disruptive increases on the ...