Policy

Bank of Canada holds key interest rate at 5%

The central bank is still open to more rate hikes if inflation doesn’t co-operate

By Nojoud Al Mallees, The Canadian Press |January 24, 2024

3 min read

All eyes on the BoC this week for any hints on when it plans to cut interest rates

The bank will also publish its quarterly monetary policy report on Wednesday, with new forecasts for the economy and inflation

By Nojoud Al Mallees, The Canadian Press |January 22, 2024

3 min read

Nearly all major central banks to cut rates in 2024: Fitch

However, the rating agency expects a slower pace for those cuts than financial markets are predicting

By Melissa Shin |January 19, 2024

1 min read

Deadline to receive partial CEBA loan forgiveness looms for Canadian businesses

Almost 900,000 businesses received an interest-free CEBA loan during the pandemic, securing up to $60,000

By Rosa Saba, The Canadian Press |January 17, 2024

2 min read