The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...

As a result, the Canadian CPI hit an all-time high of 12.9%. Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 ...

In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the country’s central bank announced it had reduced the policy rate from 3.25% to 3%.

The Canadian dollar clawed back much of its decline against its U.S. counterpart on Monday as investors weighed the ...

Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...

White House officials announced that President Donald Trump has imposed 25% tariffs on Mexico and Canada and 10% tariffs on ...

Fixed-rate mortgages, which follow the trajectory of bond yields, have fallen, with some available rates below 4%, one ...

Canada's prime minister and Mexico's president have ordered retaliatory tariffs against Americans, following through with ...

Tariff retaliation: Mexico and Canada immediately vowed to impose tariffs of their own. The Canadian prime minister, Justin ...

Chrystia Freeland, former Canadian deputy prime minister, said on Sunday that President Trump’s decision to impose 25 percent ...

Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...