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bankofcanada
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Business & EconomyBank of Canada signals caution on further interest rate hikes
The Bank of Canada's governing council is considering further interest rate hikes but is proceeding cautiously due to economic uncertainty. The bank raised its policy rate to 2.5 per cent and increased its inflation outlook for the year.
2 min readTrust 48 · Craft 60 · Hype 20
Business & Economy · United StatesBank of Canada and government agree to keep 2% inflation target
The Bank of Canada and the federal government have agreed to maintain the two per cent inflation target as the core of the central bank's mandate. The Bank of Canada will continue to set interest rates independently to manage inflation.
United States2 min readTrust 42 · Craft 60 · Hype 20
Business & EconomyBank of Canada Rate Hikes May Be Limited by Economic Slowdown
The Bank of Canada may face limitations on future interest rate hikes due to an anticipated economic slowdown. Factors such as trade uncertainty and reduced immigration levels are expected to influence the bank's monetary policy decisions in the coming months.
1 min readTrust 30 · Craft 45 · Hype 20
Business & EconomyBank of Canada urges use of liquidity facility
The Bank of Canada has encouraged financial institutions to use its Standing Liquidity Facility for overnight liquidity needs. The bank stated that accessing these funds should not be interpreted as a sign of financial stress.
1 min readTrust 44 · Craft 52 · Hype 10
Business & EconomyBank of Canada unveils $20 bill with King Charles replacing Queen Elizabeth II
The Bank of Canada is set to reveal a redesigned $20 bill featuring King Charles, replacing the late Queen Elizabeth II. The change, directed by former prime minister Justin Trudeau’s government, is the first Canadian paper currency to feature the new monarch.
3 min readTrust 42 · Craft 55 · Hype 15
Business & EconomyCanada’s July 2026 inflation data to show gas price rebound, economists say
Economists expect Canada’s annual inflation rate rose to 2.9 percent in July 2026 after a June dip to 2.8 percent, driven by higher gas prices from renewed Middle East tensions. The data will inform the Bank of Canada’s next rate decision on 2 September.
4 min readTrust 62 · Craft 85 · Hype 15