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The Canadian economy is growing faster than expected, how will the Bank of Canada respond?

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Latest news

The Canadian economy is growing faster than expected, how will the Bank of Canada respond?

Canada’s economy grew more than expected in January, expanding by 0.6%, highlighting its continued and surprising resilience. New preliminary data released by Statistics Canada also showed that GDP likely increased 0.4% in February, meaning the first two months of the year marked the economy’s...
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The Bank of Canada has left its key rate at 5% – when can we expect the first cut?

The Bank of Canada kept rates unchanged for the fourth straight meeting and for the first time said it would not have to raise rates again if the economy progresses as it forecasts. Central bank policymakers led by Tiff Macklem left the benchmark overnight...
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The Bank of Canada is on pause. How will this affect mortgage holders and the real estate market?

Experts agree that the rate hike cycle is likely over after the Bank of Canada left its key interest rate unchanged at its last meeting of the year on December 6. However, it may still be some time before the central bank starts cutting...
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The Bank of Canada left its key interest rate at 5%, but did not rule out the possibility of further rate hikes

The Bank of Canada kept its key interest rate steady at five per cent, but did not rule out future rate hikes as its latest forecasts show inflation will remain high in the short term. “With clearer evidence that monetary policy is working, the...
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What to expect from Bank of Canada – experts are divided

After the Bank of Canada’s decision to keep the interest rate at the current level, expert opinions regarding the central bank’s further actions regarding interest rate policy were divided. On Wednesday, the Bank of Canada announced it was keeping its benchmark rate at 5%...
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