Daily News

Effects not likely to be felt for some timeOn Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the third consecutive time, bringing it down to 4.25 per cent. Economists are predicting further interest rate cuts by the cent...

Here's what the experts are saying about the central bank's decision today and the road aheadThe Bank of Canada cut interest rates for a third consecutive time by 25 basis points on Wednesday, leaving its benchmark lending rate at 4.25 per cent. We apolo...

Last time the central bank cut three times in a row, outside the pandemic, was the global financial crisisThe Bank of Canada cut its policy interest rate for the third consecutive time on Wednesday and signalled that more cuts were ahead as concern about a w...

Union says pilots paid less than half of what industry counterparts receiveAir Canada has offered to boost the pay of more than 5,000 pilots by about 30 per cent within the next three years, according to people familiar with the matter, as it seeks to preven...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement. Today, we lowered the policy interest rates by 25 basis points to 4.25%. This is...

The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet normalization. The...

How quickly interest rates will come down is still up in the air We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Odds of a half-point Bank of Canada cut are rising,...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...

Currency is fresh off its best monthly gain so far in 2024When the Bank of Canada eases monetary policy and the economy slows, money managers usually brace for a weaker loonie. We apologize, but this video has failed to load. Try refreshing your browser,...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...