INSANE: 3 | Vintage Vibes

Canadian Dollar Expected to Rise but Mortgage Resets Limit Gains

Find out how the Canadian dollar is expected to rise, but its gains may be limited by mortgage resets. Get the latest updates on Forex-Poll-Canada.

Top News · Feb 7, 2024

Bank of Canada Concerned Federal Budget May Hinder Inflation Fight

The Bank of Canada warns that the federal budget in Canada may pose challenges to the fight against inflation, highlighting potential issues and risks.

Top News · Feb 1, 2024

Canada Central Bank Holds Key Lending Rate At 5%

The Bank of Canada on Wednesday held its key lending rate at five percent for the fourth time in a row, saying it remains concerned about stubbornly high inflation.

International Business Times · Jan 24, 2024

Canada Maintains Key Interest Rate At 5%

Canada's central bank on Wednesday held its key lending rate at five percent, citing the global economic slowdown and easing inflation.

International Business Times · Dec 6, 2023

Interest rates: Monetary policy is always political as central banks opt to back the financial sector

As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the bank’s governor, received imploring letters from premiers spanning both the country and the political spectrum.

The Conversation · Sep 28, 2023

Why the Bank of Canada Is Facing Intense Scrutiny

The key interest rate is the policy lever the bank pulls to keep inflation in check. But a lot has changed in recent years

The Walrus · Sep 6, 2023

Inflation is down overall, so why are my grocery bills still going up?

Despite Canada’s inflation rate falling to its lowest point in two years, food prices remain high. The Consumer Price Index slowed to 2.8 per cent in June compared to last year, but food prices increased by 8.3 per cent. Food prices in stores increased by 9.1 per cent.

The Conversation · Jul 30, 2023

Here's how the Bank of Canada's interest rate hike to 5% will impact Canadian households

The Bank of Canada has just hiked its interest rate by another 25 points to five per cent — the second quarter-point hike since June’s interest rate increase to 4.75 per cent. The central bank has been steadily increasing interest rates over the past three years in an effort to…

The Conversation · Jul 12, 2023

What you need to know about Canada's new first home savings account

Buying a home is becoming increasingly challenging for Canadians. But there is a new solution available to help buyers take their first step onto the housing ladder.

The Conversation · Jul 6, 2023

As the Bank of Canada prepares for a digital Canadian dollar, democratic concerns loom large

The Bank of Canada is preparing for the possibility of the Canadian government requiring it to issue a digital version of the Canadian dollar. Although the central bank is leading the project for the new currency, any future decision to issue it rests with the Canadian Parliament and government.

The Conversation · Jun 22, 2023