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 ...

Interest rates in Canada have declined gradually since the 1980s. Chart 1 plots the interest rate that the Government of Canada pays to borrow for a period of 10 years. This rate hovered around 10 per ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

Market bets on a cut at the Bank of Canada’s March 12 meeting fell to 55 per cent from 80 per cent after the data. Here’s what economists think the latest employment data means for the central bank ...