Switch your mortgage to RBC and get up to $5,700 in value ... when it is widely anticipated that the Bank of Canada will cut its key interest rate by another 50 to 75 basis points, the prime ...
As one of Canada’s largest banks ... For high interest, the RBC High Interest eSavings Account offers the best rate with a 5.40% promotional APY for three months, followed by 1.40%.
Live in Canada with a Canadian address ... to close when your GIC matures. Even though RBC offers various GICs with different interest rates and terms, it’s always a good idea to consider ...
Economists at CIBC Capital Markets said gross domestic product ( GDP) could fall five per cent if the full magnitude of the ...
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...
Royal Bank trades near $168 per share at the time of writing. The stock is actually off the 12-month high of $180 but is still up 28% in the past year.
U.S. President Donald Trump’s tariffs will push Canada’s economy into a recession and cause unemployment to surge, BMO’s ...
However, the threat of a severe economic shock is also present. “Any major economic disruption, such as widespread job losses resulting from trade tensions, could dampen housing demand and weaken ...
Consistent with higher expectations for additional Bank of Canada rate cuts — following six since June, most recently a quarter-point reduction to three per cent on Jan. 29 — Canadian short-term bond ...
The Bank of Canada cut its benchmark interest rate by 25 basis points last week ... would rise even further to around eight per cent. RBC chief economist Frances Donald and assistant chief economist ...