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Bank of Canada
24 articles linked to Bank of Canada across NewsStation's coverage.
- Economy
Bank of Canada publishes its 2027 schedule for policy interest rate announcements and other major publications
The schedule helps Canadians plan for potential changes in variable-rate mortgages and home equity lines of credit, as rate announcements can directly affect monthly payments.
Bank of Canada - EconomyMortgage impact
Bank of Canada holds rates at 2.25% as Iran war risks future hikes
A hold provides temporary relief, but the threat of future hikes means variable-rate borrowers could face higher payments later.
Global News - Politics
‘Not what I expected’: Carney gets an engraved gun as gift from Erdoğan
The presentation of a firearm as a gift, even a commemorative one, can be unusual and may draw attention due to the symbolic nature of such items in international relations.
Global News - EconomyMortgage impact
Bank of Canada Holds Key Interest Rate at 2.5% Amid Cooling Inflation
Variable mortgage rates stay put, giving buyers a clearer picture but little relief on affordability.
CBC News - Politics
‘Lecturing’ other countries is ‘ineffective,’ Carney says in Saudi Arabia
Carney's comments could influence the tone and strategy of Canada's ongoing efforts to normalize relations with Saudi Arabia, suggesting a shift away from confrontational diplomacy.
Global News - Economy
Bank of Canada publishes report on monetary policy framework consultations
The report enhances transparency by showing how public and stakeholder input is considered in shaping monetary policy, reinforcing the Bank's accountability to Canadians.
Bank of Canada - Business
Bank of Canada security workers on strike after negotiations failed
A strike or job action by security staff could potentially disrupt the normal operations of the Bank of Canada, raising concerns about the security of sensitive information and facilities.
Global News - Economy
Canada’s economy is weak, but ‘not clearly in recession,’ Macklem says
The Bank of Canada's decision to hold interest rates suggests a cautious approach, balancing concerns about inflation with signs of economic slowdown. This impacts borrowing costs for consumers and businesses.
Global News - Economy
Bank of Canada maintains the policy rate at 2¼%
Maintaining the policy rate means that interest rates for mortgages, loans, and credit cards are likely to remain stable in the short term, providing predictability for consumers and businesses.
Bank of Canada - Economy
As consumers struggle, should the Bank of Canada hike, hold or cut rates?
A rate hike would increase borrowing costs for mortgages, loans, and credit cards, potentially further straining consumers. A rate cut would lower these costs, offering some relief.
Global News - Economy
Are we in a recession? ‘Be careful’ with indicators, says Bank of Canada
A formal recession declaration can impact consumer and business confidence, potentially leading to reduced spending and investment, further slowing the economy.
Global News - Economy
Bank of Canada says households struggling, economy vulnerable to shocks
Indicates that many Canadians may be facing increased financial pressure, potentially affecting spending, savings, and debt levels.
Global News - Economy
Bank of Canada joins BIS Project Agorá to test improvements in wholesale cross-border payments
Joining Project Agorá allows the Bank of Canada to contribute to and benefit from research into technologies that could make wholesale cross-border payments faster, cheaper, and more transparent.
Bank of Canada - Economy
Geopolitical tension now seen as top economic risk in Bank of Canada survey
Heightened geopolitical risks can lead to supply chain disruptions, increased energy prices, and reduced investment, all of which can negatively impact Canada's economic productivity and stability.
Global News - Economy
Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warns
Consecutive interest rate hikes would make borrowing more expensive for Canadians, impacting mortgage payments, car loans, and other forms of debt.
Global News - Economy
Bank of Canada announces the appointment of two Deputy Governors
The appointments ensure continued experienced leadership at the Bank of Canada, vital for maintaining stability and confidence in the Canadian economy.
Bank of Canada - Economy
Global financial systems must ‘come to grips’ with AI risks, BoC governor says
Unmanaged AI risks could lead to unforeseen market disruptions, increased volatility, or even systemic crises within the global financial system.
Global News - Economy
Changes to Bank of Canada Governing Council
The departure of two deputy governors could impact the continuity of current monetary policy stances, depending on who replaces them and their economic philosophies.
Bank of Canada - Economy
Bank of Canada holds interest rates as Iran war rattles global economies
Holding rates provides a period of stability for borrowers and businesses, but leaves room for potential future adjustments depending on inflation and global events.
Global News - HousingMortgage impact
Is assuming a mortgage an affordable way into the housing market? What to know
Assuming a mortgage can lower monthly payments, making homeownership more accessible.
Global News - HousingMortgage impact
Stress test: 4 in 5 Canadian mortgage holders worried about payment hikes
Higher mortgage payments reduce disposable income, potentially leading to decreased consumer spending and increased financial stress.
Global News - HousingMortgage impact
‘Gutted’: Amid rising mortgage rates, B.C. couple sells home to go back to renting
Rising mortgage rates can force difficult decisions, such as selling or downsizing, affecting financial stability and lifestyle.
Global News - EconomyMortgage impact
Variable mortgages cost Canadians tens of thousands amid high rates. Is the risk worth it?
Higher mortgage payments reduce disposable income, forcing some families to cut spending or dip into savings.
Global News - EconomyMortgage impact
Another rate hike may be looming and Canadians worry they can’t keep up
Higher interest rates increase debt-servicing costs, reducing disposable income and potentially leading to financial stress.
Global News
