The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing ...

Canada's economy contracted in the second quarter much more than anticipated on an annualized basis as U.S. tariffs squeezed exports, but higher household and government spending cushioned the impact, ...

The Bank of Canada cut interest rates by 25 basis points to 2.75 per cent — the seventh consecutive reduction — as it finds itself grappling with uncertainty created by United States President ...

OTTAWA (Reuters) -The Bank of Canada on Wednesday is likely to keep interest rates unchanged at 2.75% for the third time, economists and market analysts predict, as firm core inflation and robust ...

The Canadian economy contracted sharply in the second quarter as trade tensions with the United States hammered exports and weighed on business investment. Real gross domestic product declined 1.6 per ...

In the OECD’s worst-case scenario for tariffs, it forecasts interest rates in Canada will rise by 1 to 1.25 per cent, higher than the 0.25 to 0.5 percentage point average it predicts for other ...

The central bank will be carefully parsing the latest GDP figures ahead of its next interest rate decision on Sept. 17.

OTTAWA (Reuters) - The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S. President Donald Trump's retreat from sweeping ...

OTTAWA--Canada's economy ended 2024 on an encouraging note, offering a positive hand-off for the new year just as the country braces for the possible shock of tariffs. After the economy in ...

The Bank of Canada on Wednesday is likely to keep interest rates unchanged at 2.75% for the third time, economists and market analysts predict, as firm core inflation and robust job growth lessen ...