Bank of Canada Debated Timing of Interest Rate Cut
Bank of Canada considered delaying interest rate cut but opted for October reduction to 2.25% amid soft labour market and trade uncertainty. Read the full analysis.
Bank of Canada considered delaying interest rate cut but opted for October reduction to 2.25% amid soft labour market and trade uncertainty. Read the full analysis.
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Midwestern Ontario sees 2,600 job openings as unemployment rate declines. Manufacturing sector leads hiring surge with opportunities across multiple industries.
Statistics Canada releases crucial October employment data that could shape economic policy and interest rate decisions. Get the latest on unemployment rates, job creation trends, and what it means for Canadian households.
Chilling courtroom testimony reveals birthday celebration turned deadly as witness describes finding victims alive before triple homicide at Fort Erie Airbnb rental property.
A forensic pathologist testifies that a single stab wound to the heart caused the death of a Regina man, as new details emerge in the ongoing homicide trial.
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
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.
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.
RCMP are investigating a deadly stabbing incident that claimed one man's life in Manitoba, marking another tragic violent crime in the province.
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
Toronto police have charged a fourth individual with first-degree murder in connection with the fatal stabbing of Trey Gowdie outside an Etobicoke townhouse complex earlier this year. Get the latest developments in this ongoing homicide investigation.
After nearly two decades evading justice, U.S. authorities have arrested the prime suspect in the brutal 2007 stabbing death of a 21-year-old woman in Dorval. Discover how this breakthrough finally brings closure to one of Quebec's most haunting cold case
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.
Niagara Regional Police have made an arrest after a man was found dead while officers responded to a weapons complaint in Port Colborne. The investigation continues as authorities work to determine the circumstances surrounding the tragic death.
Saskatchewan RCMP have laid murder charges against two individuals in connection with the 2023 Meadow Lake shooting that claimed one life. Get the latest developments in this ongoing investigation.
Shocking forensic evidence presented in Saskatoon courtroom shows gunshot residue detected on victim's face and hands, revealing new details in ongoing homicide trial.
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.
Royal Bank of Canada leads major lenders in reducing prime rate to 6.95%, bringing relief to borrowers with variable-rate mortgages and loans. Learn how this affects your finances.
The Federal Reserve makes pivotal rate cut decision as potential government shutdown threatens to cloud economic outlook and complicate monetary policy path forward.
Economists warn Canada faces a structural productivity crisis as Bank of Canada cuts rates amid stagnant economic growth and declining business investment.
Canadian real estate leaders welcome the Bank of Canada's first interest rate cut in four years, predicting renewed market activity while acknowledging ongoing economic challenges.
A Winnipeg teenager has been sentenced to life in prison for the horrific beating deaths of three individuals in 2022. The shocking case has left Manitoba's legal system and community grappling with youth violence.
Sault Ste. Marie police have identified missing man Dustin James Mitchell, 35, as the prime suspect in a local homicide investigation. Authorities continue searching for Mitchell while warning the public not to approach him.
A Nova Scotia man receives life imprisonment for the 2016 double shooting in Halifax that left one dead and another injured. The verdict concludes an eight-year pursuit of justice for the victims' families.
The Bank of Canada delivers another interest rate cut while navigating turbulent U.S. trade relations and tariff threats that could reshape Canada's economic landscape.
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.
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.
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.
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.