News

The Bank of Canada recently held its interest rate at 2.75% and does not want to change it amidst US tariffs. While this may not seem significant, the bank of Canada has cut interest rates every year ...
Next, make sure the account offers a good interest rate. It’s important to be mindful of “teaser” or “promo” rates versus regular rates. Many Canadian banks offer higher promotional ...
BoC held rates steady, despite economic uncertainty and market volatility tied to growing trade tensions. TD Securities' Andrew Kelvin discusses potential scenarios and the rate impact.
If interest rates rise, your money won’t be locked ... At a glance: CIBC’s history goes back to 1961 when the Canadian Bank of Commerce (founded in 1867) merged with Imperial Bank of Canada ...
The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global ...
Economists had expected the Consumer Price Index (CPI) to rise to 2.7 per cent in March, according to consensus estimates ...
Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow ...
The Canadian dollar strengthened against its U.S. counterpart on Wednesday as the greenback posted broad-based declines and the Bank of Canada paused its interest rate cutting campaign.
The Canadian dollar (CAD) strengthened modestly against a broadly weaker US dollar (USD), following the Bank of Canada's decision to hold interest rates steady—the first pause since its easing ...
The Canadian dollar edged back on Monday from an earlier five-month high against its U.S. counterpart as oil prices fell and ...
The interest rate swaps market – which captures ... for an eighth consecutive time to support a Canadian economy on shaky ground. “The central bank will be weighing the inflation risk from ...
Laurentian Bank’s Canadian Sustainability ActionGIC provides ... the same term in a traditional non-redeemable GIC at the interest rate in effect on the renewal date, at no charge.