Inflation is converging on target and labour market slack is increasing, but for now, Canada’s central bank remains wary. Nonetheless, it doesn’t want to cause a recession and we expect the BoC to ...

Canada’s prime rate — the interest rate that major banks charge their best customers — will drop to 5.45% prompted by the Bank of Canada's fifth, consecutive rate drop of its overnight rate by 50 ...

Canada’s annual inflation rate jumped to 2.6 per cent in February, according to the latest data from Statistics Canada, sharply exceeding analysts’ expectations and adding to the challenges faced by ...

OTTAWA, April 8 (Reuters) - The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first ...

The Bank of Canada’s governing council was on the same page about the need to lower its benchmark interest rate last month – but the exact timing of the cut was up for debate. The central bank on ...

OTTAWA, Sept 10 (Reuters) - Canadian gross domestic product in the third quarter is likely to fall well short of the Bank of Canada's forecast, possibly coming in at less than half the estimate, with ...

After months of economic turbulence, the message from Ottawa is one of cautious optimism — from both Parliament Hill and the Bank of Canada. Bank of Canada (BoC) Governor Tiff Macklem told Canadian ...

OTTAWA (Reuters) -Economists expect the Bank of Canada to make a second consecutive policy rate cut this week due to a slowing economy and high joblessness. Canada's economy contracted in the second ...