Highlights / Bank of Canada/benchmark rate

Politics, Society

Central bank governor says uneven recovery a challenge for everyone

The Bank of Canada’s governor is sounding an alarm about the future of women, young people and low-wage workers as the country tries to recover from the COVID-19 pandemic. In a speech to the Canadian Chamber of Commerce in Toronto »

Economy, International

Bank of Canada holds firm on its near-zero interest rate to juice the economy

The Bank of Canada is keeping its benchmark interest rate target on hold at 0.25 per cent and says it will stay there until inflation is back on target. In a statement today, the bank says its key rate will »