Tag: inflation rate Canada

• Bank of Canada Raises Interest Rate to 2.5% as Governor Warns Inflation Could Spread Across Canada

  

  Canada’s central bank has raised interest rates for the first time in a year, bringing its benchmark rate to 2.5% as concerns grow over persistent inflation and rising energy prices. The Bank of Canada announced a 0.25 percentage-point increase to its policy interest rate on October 28, 2026, raising it from 2.25% to 2.5%. Governor…

  Kaleylangille

  October 28, 2026

  alberta, british columbia, East Coast, ontario

  bank of canada, Bank of Canada interest rate, Canada inflation, Canada interest rates 2026, Canadian economy, Canadian housing market, Canadian mortgage rates, fixed-rate mortgages, gta housing market, housing affordability, inflation rate Canada, Interest Rate Hike, mortgage rates Canada, mortgage renewals, October 2026 Rate Decision, ontario housing market, real estate news Canada, Tiff Macklem, toronto real estate, variable rate mortgages

• Bank of Canada Lowers Key Interest Rate to 4.25% Amid Slowing Inflation

  

  The Bank of Canada has reduced its benchmark interest rate for the third time in a row, bringing the rate down to 4.25%. This decision, announced on September 4, 2024, reflects the central bank’s response to cooling inflation and growing concerns about economic growth. The widely anticipated quarter-percentage-point cut follows a series of interest rate…

  Kaleylangille

  September 4, 2024

  Uncategorized

  Bank of Canada interest rate, Bank of Canada rate cuts, Canadian economy, Canadian housing market, economic growth Canada, inflation outlook, inflation rate Canada, mortgage rates Canada, Tiff Macklem