April 13, 2022
During today’s policy meeting, Governor Tiff Macklem of the Bank of Canada decided to increase the prime rate by 0.5% versus the usual 0.25%. A rate […]
June 9, 2021
As expected the Bank of Canada didn’t change the prime rate today. To sum up the Governors statement in a few words, we aren’t out of […]
April 21, 2021
The prime lending rate was left unchanged today, however, the bond buyback program was trimmed back to $3 billion per week, a sign that the recovery […]
March 16, 2021
The Bank of Canada ( BOC ) left the prime rate unchanged today and maintained their stance that they will keep the prime rate at this […]
January 20, 2021
An economy interrupted. That was the theme of the Bank of Canada (BOC) message today as the Governor kept the prime lending rate as is and […]
December 9, 2020
With no fanfare nor surprise, the Bank of Canada (BOC) left the prime lending as is. Tiff Macklem, the BOC governor, also restated his intent to […]