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In an exclusive interview with the Financial Post, Macklem explains how the worry now is inflation falling too farThe Bank of Canada began its rate-hiking cycle just over two years ago to fight a growing inflation problem, which, while not over yet, is endin...

Canada’s growth per person has declined in six of the past seven quarters Get the latest from Naimul Karim straight to your inbox Sign Up Canada may not technically be in a recession, but some economists argue the country’s declining per-capita output...

Ottawa could balance its budget simply by sticking to its spending plan of two years ago. It should do that, then cut taxesThe Trudeau government is like a band that only knows one tune: more spending/higher taxes. We apologize, but this video has failed...

Two more cuts expected this yearAs the Bank of Canada cut its interest rate for the second time in this cycle Wednesday, economists remained confident more reductions are on the horizon. The central bank’s decision to trim its key policy rate to 4.5 per cent...

Some experts say it's not enough to help homebuyersOn Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the second time this year, bringing it down to 4.5 per cent, its lowest since April 2023. The move was widely expected...

Central bank reduces benchmark rate to 4.5%The Bank of Canada on Wednesday cut its interest rate by 25 basis points for a second time in a row, citing a pullback in household spending on both consumer goods and housing as a reason to bring the rate down to 4...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss the July Monetary Policy Report (MPR) and today’s policy announcement. Today, we lowered our policy interest...

Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflat...

The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization. The...