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Money markets see an increased chance of the Bank of Canada cutting interest rates closer to zero, as tightening economic restrictions to contain a second wave of COVID-19 cases ... More

The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent forecast. ... More

Bank says it could go lower than 0.25%, but remains deeply skeptical of negative interest rates ... More

In today’s policy announcement, the Bank of Canada stood by its pledge to hold its key overnight interest rate at 0.25%. ... More

Several mortgage brokers are warning of a spike in rates once bond yields recover. ... More

Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news. ... More

However, the central bank's policies might leave the Canadian financial system more vulnerable in the long run. ... More

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. ... More

Low interest rates will be the norm for the foreseeable future, Bank of Canada Governor Tiff Macklem said earlier this week. ... More

Bond yields and central bank rates have never been lower, but not all the savings are filtering down. ... More

Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic. ... More

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit ... More

Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More

Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting. ... More

Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived. ... More

Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More

The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More

Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More

If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed. ... More

The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council. ... More

Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and 3.5 ... More

Homeowners could be facing two interest rate rises in the coming months according to an updated forecast by CIBC. ... More

The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the ... More

The world's biggest central bank is expected to raise rates this week - and then keep raising them ... More

The Bank of Canada (BoC) kept its trend-setting interest rate steady at 1.5 per cent on Wednesday but appeared to keep the door open to a possible rate hike at its next ... More

Bank of Canada Governor Stephen Poloz has put an early stop to the debate over whether he might be persuaded to raise interest rates in a couple of weeks. ... More

Economists still expect BoC rate rise but the numbers need to stack up. ... More

The Bank of Canada kept its key interest rate target on hold Wednesday but hinted that rate hikes could be coming as it noted the Canadian economy was a little stronger than ... More

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving Canadian ... More

Bank of Canada will probably raise rates twice this year, likely in the summer and in fall according to Dominion Lending Centres chief economist Sherry Cooper. ... More