Bank of Canada Reduces Overnight Lending Rate

‘Pervasive uncertainty’ caused by trade war prompts Bank of Canada to drop overnight lending rate to 2.75% The 25 basis point cut marks the seventh consecutive time Canada’s central bank has dropped rates March 12, 2025 5 min. read On March 12th, the Bank of Canada announced that it had lowered the target for the […]

Bank of Canada Rate Cut

Bank of Canada makes sixth consecutive cut, lowering key lending rate to 3.0% In its first announcement of 2025, Canada’s central bank lowered the overnight rate by 25 basis points January 29, 2025 6 min. read On January 29th, its first scheduled announcement of 2025, the Bank of Canada announced that it had lowered the […]