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#inflation
www.aljazeera.com
12 hours ago
Business

Bank of Canada cuts interest rates once more, trims growth prospects

Growth needs to pick up to prevent inflation from falling too much. [ more ]
www.cbc.ca
14 hours ago
Canada news

Bank of Canada cuts key interest rate further to 4.5% | CBC News

The Bank of Canada cut its key interest rate to 4.5 per cent following a decrease in inflation rates. [ more ]
www.cbc.ca
2 months ago
Canada news

Inflation cooled to 2.7% in April as food price growth slowed | CBC News

Consumer price index in Canada dropped to 2.7% in April, driven by slower food price growth. [ more ]
www.cbc.ca
2 months ago
Canada news

'We are getting closer' to cutting interest rates, Bank of Canada governor tells MPs | CBC News

The Bank of Canada is considering cutting interest rates as inflation slows down, impacting the housing market positively. [ more ]
www.cbc.ca
3 months ago
Canada news

Bank of Canada holds key interest rate at 5% | CBC News

Bank of Canada maintains 5% interest rate for the sixth consecutive time.
Expectations of the first rate cut during the June 5 meeting. [ more ]
www.cbc.ca
4 months ago
Canada news

The Bank of Canada expects it will cut rates this year, but officials are split on the timing | CBC News

Bank of Canada considers cutting interest rates this year, but officials disagree on timing
Members of governing council have varying views on conditions and timeline for interest rate cuts [ more ]
www.aljazeera.com
12 hours ago
Business

Bank of Canada cuts interest rates once more, trims growth prospects

Growth needs to pick up to prevent inflation from falling too much. [ more ]
www.cbc.ca
14 hours ago
Canada news

Bank of Canada cuts key interest rate further to 4.5% | CBC News

The Bank of Canada cut its key interest rate to 4.5 per cent following a decrease in inflation rates. [ more ]
www.cbc.ca
2 months ago
Canada news

Inflation cooled to 2.7% in April as food price growth slowed | CBC News

Consumer price index in Canada dropped to 2.7% in April, driven by slower food price growth. [ more ]
www.cbc.ca
2 months ago
Canada news

'We are getting closer' to cutting interest rates, Bank of Canada governor tells MPs | CBC News

The Bank of Canada is considering cutting interest rates as inflation slows down, impacting the housing market positively. [ more ]
www.cbc.ca
3 months ago
Canada news

Bank of Canada holds key interest rate at 5% | CBC News

Bank of Canada maintains 5% interest rate for the sixth consecutive time.
Expectations of the first rate cut during the June 5 meeting. [ more ]
www.cbc.ca
4 months ago
Canada news

The Bank of Canada expects it will cut rates this year, but officials are split on the timing | CBC News

Bank of Canada considers cutting interest rates this year, but officials disagree on timing
Members of governing council have varying views on conditions and timeline for interest rate cuts [ more ]
moreinflation
www.cbc.ca
1 month ago
Canada news

Canada's GDP grew by 1.7% in 1st quarter | CBC News

Household spending in Canada drove 1.7% economic growth in Q1. [ more ]
#interest-rates
www.cbc.ca
1 month ago
Canada news

Canadians owe more than $2 trillion in mortgage-related debts, CMHC says | CBC News

Mortgage debt growth in Canada slowed significantly in February due to high borrowing costs and uncertainty about the Bank of Canada's interest rate, but this slowdown is expected to be short-lived. [ more ]
www.cbc.ca
3 months ago
Canada news

Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys | CBC News

Business and consumer sentiment improved despite higher interest rates.
Expectations of interest rate cuts are driving optimism for sales and economic outlook. [ more ]
www.cbc.ca
4 months ago
Canada news

Canadian economy not in recession, but 2023 was one of its weakest recent years | CBC News

Canadian economy expanded at 1% in Q4 driven by exports, while housing and business investment fell.
Business insolvencies rose 41% in 2023 due to pandemic debt and high interest rates affecting consumer finances. [ more ]
www.cbc.ca
5 months ago
Canada news

January home sales jump 22 per cent from last year's weak start | CBC News

January home sales in Canada saw the largest year-over-year increase since May 2021, reflecting weakness in the housing market last year.
Market sentiment has been buoyed by the prospect of Bank of Canada rate cuts and a drop in fixed mortgage rates, but the central bank is not expected to cut rates in time for the spring.
The national average home price in January was $659,395, up 7.6% from January 2023, and the number of newly listed properties increased by 1.5% month over month. [ more ]
www.cbc.ca
5 months ago
Canada news

High interest rates aren't to blame for housing crisis, Bank of Canada governor says | CBC News

The Bank of Canada governor says interest rates cannot solve the housing crisis due to a supply shortage.
Increasing housing supply is necessary to improve affordability, while policies that increase demand will worsen the situation. [ more ]
www.cbc.ca
1 week ago
Canada news

Inflation dipped to 2.7% in June as gas price growth slowed | CBC News

Canada's annual inflation rate decreased to 2.7% in June, influenced by slower gasoline price growth, while groceries saw an increase. [ more ]
www.cbc.ca
1 month ago
Canada news

Canadians owe more than $2 trillion in mortgage-related debts, CMHC says | CBC News

Mortgage debt growth in Canada slowed significantly in February due to high borrowing costs and uncertainty about the Bank of Canada's interest rate, but this slowdown is expected to be short-lived. [ more ]
www.cbc.ca
3 months ago
Canada news

Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys | CBC News

Business and consumer sentiment improved despite higher interest rates.
Expectations of interest rate cuts are driving optimism for sales and economic outlook. [ more ]
www.cbc.ca
4 months ago
Canada news

Canadian economy not in recession, but 2023 was one of its weakest recent years | CBC News

Canadian economy expanded at 1% in Q4 driven by exports, while housing and business investment fell.
Business insolvencies rose 41% in 2023 due to pandemic debt and high interest rates affecting consumer finances. [ more ]
www.cbc.ca
5 months ago
Canada news

January home sales jump 22 per cent from last year's weak start | CBC News

January home sales in Canada saw the largest year-over-year increase since May 2021, reflecting weakness in the housing market last year.
Market sentiment has been buoyed by the prospect of Bank of Canada rate cuts and a drop in fixed mortgage rates, but the central bank is not expected to cut rates in time for the spring.
The national average home price in January was $659,395, up 7.6% from January 2023, and the number of newly listed properties increased by 1.5% month over month. [ more ]
www.cbc.ca
5 months ago
Canada news

High interest rates aren't to blame for housing crisis, Bank of Canada governor says | CBC News

The Bank of Canada governor says interest rates cannot solve the housing crisis due to a supply shortage.
Increasing housing supply is necessary to improve affordability, while policies that increase demand will worsen the situation. [ more ]
www.cbc.ca
1 week ago
Canada news

Inflation dipped to 2.7% in June as gas price growth slowed | CBC News

Canada's annual inflation rate decreased to 2.7% in June, influenced by slower gasoline price growth, while groceries saw an increase. [ more ]
moreinterest-rates
www.cbc.ca
5 months ago
Canada news

Bank of Canada says government efforts to curb housing crisis will help 'gradually' | CBC News

Record levels of immigration are driving up the cost of housing in Canada.
Efforts to cut the number of non-permanent residents and encourage home building will only gradually help lower housing costs. [ more ]
www.cbc.ca
6 months ago
Canada news

No change on interest rate as Bank of Canada sticks to 5% | CBC News

The Bank of Canada has announced that its benchmark interest rate will remain at five percent.
This is the fourth time in a row that the interest rate has remained unchanged. [ more ]
#Bank of Canada
www.cbc.ca
7 months ago
Canada news

As expected, Bank of Canada holds interest rate steady at 5% | CBC News

The Bank of Canada has decided to keep its benchmark interest rate steady at five percent.
The bank has been signaling that it may be nearing the end of its rate hiking cycle due to a slowdown in the Canadian economy. [ more ]
WSJ
8 months ago
Canada news

Bank of Canada to Cut Rates Deeply Due to Drag From Mortgage Renewals

Desjardins Securities predicts that the Bank of Canada will need to cut its policy rate faster and deeper than financial markets expect due to a drag on spending from pending mortgage renewals.
Desjardins economist Royce Mendes forecasts that the BOC will cut interest rates by 1.5 percentage points in 2024 to 3.5%, and to 2.25% in 2025.
Canada will struggle to achieve above-trend growth until 2027 due to the impact of mortgage renewals on household consumption. [ more ]
www.cbc.ca
8 months ago
Canada news

1st batch of newly minted Canadian coins bearing King Charles's image unveiled | CBC News

The first Canadian coins featuring the face of King Charles were unveiled in Winnipeg on Tuesday.
The mint showcased the image of the monarch that will appear on one side of all its coins, replacing the image of the late Queen Elizabeth II.
The federal government directed the mint and the Bank of Canada to replace the image of the late Queen with one of the King on coins and on the $20 bill. [ more ]
www.cbc.ca
7 months ago
Canada news

As expected, Bank of Canada holds interest rate steady at 5% | CBC News

The Bank of Canada has decided to keep its benchmark interest rate steady at five percent.
The bank has been signaling that it may be nearing the end of its rate hiking cycle due to a slowdown in the Canadian economy. [ more ]
WSJ
8 months ago
Canada news

Bank of Canada to Cut Rates Deeply Due to Drag From Mortgage Renewals

Desjardins Securities predicts that the Bank of Canada will need to cut its policy rate faster and deeper than financial markets expect due to a drag on spending from pending mortgage renewals.
Desjardins economist Royce Mendes forecasts that the BOC will cut interest rates by 1.5 percentage points in 2024 to 3.5%, and to 2.25% in 2025.
Canada will struggle to achieve above-trend growth until 2027 due to the impact of mortgage renewals on household consumption. [ more ]
www.cbc.ca
8 months ago
Canada news

1st batch of newly minted Canadian coins bearing King Charles's image unveiled | CBC News

The first Canadian coins featuring the face of King Charles were unveiled in Winnipeg on Tuesday.
The mint showcased the image of the monarch that will appear on one side of all its coins, replacing the image of the late Queen Elizabeth II.
The federal government directed the mint and the Bank of Canada to replace the image of the late Queen with one of the King on coins and on the $20 bill. [ more ]
moreBank of Canada
RealAgriculture.com
1 month ago
Canada news

Bank of Canada makes a rate cut for the first time in four years

Bank of Canada lowered overnight rate by 25 basis points, first cut in 4 years, potentially leading to more cuts in 2024. [ more ]
www.cbc.ca
1 month ago
Canada news

Life's tough. Will the interest rate cut help? | CBC Radio

An interest rate cut can have significant implications for individuals and the economy, especially after a prolonged period without cuts. [ more ]
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