Bank of Canada expected to jack up interest rates as inflation persists
Experts predict the Bank of Canada will likely announce another major interest rate boost Wednesday as it tries to rein in runaway inflation. After keeping its key interest rate near zero since March 2020, the central bank unveiled a pair of rate hikes […]
Read More about Bank of Canada expected to jack up interest rates as inflation persistsBank of Canada open to hiking interest rates past 3% in bid to bridle inflation
OTTAWA – The Bank of Canada may need to raise its key interest rate to three per cent or beyond – more than double its current level – to ensure inflation doesn’t settle in for the long haul, its […]
Read More about Bank of Canada open to hiking interest rates past 3% in bid to bridle inflationHome Building, Construction and RE Groups Congratulate Ford’s PC Party
Various construction, home building and real estate organizations have come forward and congratulated Ontario’s Premier Doug Ford and the PC’s for being re-elected. The Progressive Conservatives cruised to a second majority government Thursday. Doug Ford’s […]
Read More about Home Building, Construction and RE Groups Congratulate Ford’s PC PartyBank of Canada increases policy interest rate by 50 basis points, continues QT
The Bank of Canada (BoC) increased its target for the overnight rate to 1½% on Wednesday, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also continuing its policy […]
Read More about Bank of Canada increases policy interest rate by 50 basis points, continues QTThe Bank of Canada hiked rates again. Here’s a timeline of how we got here
The Bank of Canada raised its overnight rate by half a percentage point to 1.5 per cent Wednesday and signalled more increases to come, as it aims to curb out-of-control inflation, which is now at its highest level in […]
Read More about The Bank of Canada hiked rates again. Here’s a timeline of how we got here