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The Bank of Canada leaves rates unchanged

Breaking Regulator making some changes to home Equity Lines of Credit

As expected, the Bank of Canada has raised its key lending rate by 50 basis points, bringing it to 1.50%. In its statement accompanying the decision, the Bank said, “the risk of elevated inflation becoming entrenched has risen” and that it is “prepared to act more forcefully if needed” to achieve its 2% inflation target.

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The Bank of Canada leaves rates unchanged

Breaking News – Bank of Canada Raises Rate by 50 bps – June 3

As expected, the Bank of Canada has raised its key lending rate by 50 basis points, bringing it to 1.50%. In its statement accompanying the decision, the Bank said, “the risk of elevated inflation becoming entrenched has risen” and that it is “prepared to act more forcefully if needed” to achieve its 2% inflation target.

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Canadian Inflation Rate & Overall Labour Market

Canadian Inflation Rate & Overall Labour Market

Things to know about central bank rate hikes The Bank of Canada is moving ahead with yet another rate hike, despite decades of high inflation rates and record-low unemployment rates. So, what do you need to know about the connection between interest rates and the...

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The Bank of Canada leaves rates unchanged

Breaking News – Bank of Canada Raises Rate by 50 bps

Bank of Canada Raises Rate by 50 bps The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%. This marks the second change to the Bank's overnight target rate this year and the first 50-bps rate hike since 2000. In its...

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The Bank of Canada leaves rates unchanged

Breaking News – Federal Budget Just Announced

Bank of Canada Raises Rates by 25 bps The Bank of Canada has just raised its key lending rate by 25 basis points, citing… This marks the first change to the Bank’s overnight target rate in two years and the first rate hike since October 2018. In its statement...

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