Canada Prime Rate Today

Bank of Canada cuts interest rate

Bank of Canada cuts rates by 25 bps, warns of tariff crisis

The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about inflationary pressures and weaker growth stemming from trade uncertainty and President Donald Trump's tariffs.

Financial Post on MSN · 5d

Posthaste: Bank of Canada rate cut 'chicken soup' to economy threatened by Trump's tariffs

Just a few weeks ago the odds were much lower. But since then U.S. President Donald Trump has launched an on-again, off-again tariff assault that has cast a pall of uncertainty over Canada, arresting business investment and crushing consumer confidence.

NOW Toronto · 3d

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.

NerdWallet5d

Today’s Best BMO Mortgage Rates

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 ...

5don MSN

Canada’s next prime minister has managed the financial crisis, Brexit and now Trump’s trade war

Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday ...

16hon MSN

Carney cuts carbon tax rate to zero, neutralizing unpopular policy before possible campaign

OTTAWA — New Prime Minister Mark Carney suggested on Friday that he would get rid of the much-maligned consumer carbon tax on ...

Wary Markets Rebound as Europe and Canada Retaliate Against Trump Tariffs

After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...

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