However, their unemployment rate prediction was correct. ...

The Bank of Canada is expected to cut interest rates more deeply as U.S. President Donald Trump’s tariff barrage sends world ...

The central bank lowered its benchmark policy rate to 2.75 per cent this month, but the decision was a close one, according ...

Prime Minister Trudeau ... uncertainty on the timing and depth of future rate cuts. What is the Bank of Canada rate right now? As of March 12, 2025, the Bank of Canada’s overnight lending ...

The banks said they would decrease the prime rate by 25 basis points from 5.20 per cent to 4.95 per cent just hours after Canada’s central bank cut its interest rate by a quarter point to 2.75 per ...

The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...

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 ...

OTTAWA—The Bank of Canada on Wednesday cut its main interest rate by a quarter point to help offset the damage from the U.S.-Canada trade conflict, while also tempering expectations for deeper ...