Category : Search result: central bank


Variable Mortgage Holders Get Rate Cut Relief

Canadian homeowners with variable-rate mortgages are celebrating as the Bank of Canada's recent rate cut brings significant payment reductions. Discover how this decision impacts monthly budgets and what it means for the housing market.

Canada's Food Bank Crisis: Visits Soar 50%

New data reveals a shocking surge in Canadians relying on food banks, with visits increasing by a staggering 50% since 2021. Discover the real faces behind Canada's affordability crisis and what it means for our communities.

Winnipeg Police Search for Missing Man in Central Park

Winnipeg authorities are urgently searching for 37-year-old William Gousseau, who vanished after being last spotted in the Central Park neighborhood. Police release physical description and appeal for community assistance.

Bank of Canada Signals End to Rate Hike Cycle

The Bank of Canada maintains its key interest rate at 5%, signaling the end of its tightening cycle while keeping options open for future moves. Discover what this means for your finances and the Canadian economy.

Rate Cut Offers Relief for Alberta Homeowners

The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.

University Donates 5,000 lbs of Research Beans to Food Bank

In an inspiring act of community support, the University of Guelph has donated 5,000 pounds of beans originally destined for agricultural research to the local food bank, providing meals for thousands of families in need across Waterloo Region.

Ontario Couple Loses $1M+ to Online Scammers

A retired Ontario couple fell victim to an elaborate online fraud scheme, losing their entire life savings of more than $1 million even after their bank raised red flags about the suspicious transactions.

Fed Cuts Rates Quarter-Point in Policy Shift

The Federal Reserve has cut interest rates for the first time this year, delivering a quarter-point reduction amid cooling inflation and economic uncertainty. Here's what it means for your wallet.

Bank of Canada Holds Interest Rate at 5%

The Bank of Canada maintains its key interest rate at 5% for the sixth consecutive meeting as inflation concerns persist. Discover what this means for your wallet and the economic outlook.

Bank of Canada Cuts Interest Rates to 4.75%

The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.

Bank of Canada Cuts Rate to 2.25% - Second Drop

The Bank of Canada has cut its key interest rate to 2.25% in its second consecutive reduction, signaling a major shift in monetary policy that could save Canadians money on mortgages and loans.

Bank of Canada Cuts Interest Rate to 4.75%

The Bank of Canada has made its first interest rate cut since 2020, dropping the benchmark rate to 4.75%. Discover how this historic move will impact mortgages, savings, and the Canadian economy.

Carney Reveals Details of Private Trump Dinner

Former Bank of Canada governor Mark Carney breaks his silence about his high-profile dinner meeting with Donald Trump, offering rare insights into their discussion about economic policy and global affairs.

Fed Signals Rate Cuts: Impact on Canada

The U.S. Federal Reserve signals potential rate cuts ahead, marking a significant policy shift that could impact Canadian mortgages, investments, and economic growth. Discover the timeline and implications.

World Bank's Climate Focus Fails Poor, Expert Warns

Renowned policy researcher Bjorn Lomborg argues the World Bank's singular focus on climate change comes at the expense of its core mission: poverty eradication. Discover why redirecting resources to immediate needs could save millions.

Bank of Canada Holds Key Rate at 5%

The Bank of Canada maintains its overnight rate at 5% amid cooling inflation, offering cautious optimism for Canadian homeowners and borrowers. Get the latest economic forecasts and analysis.

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