Tag: Tiff Macklem
Bank of Canada Holds Key Rate at 2.25%, Warns of War-Driven Inflation
The Bank of Canada announced on March 18 that it would keep its key interest rate unchanged at 2.25 percent...
Bank of Canada Posts First Loss in its 87-year History
The Bank of Canada — Canada’s central bank — lost $522 million in the third quarter of this year, marking...
Bank of Canada Warns That a Typical Mortgage Payment Could Surge by 30% in 5 Years
On June 9, the Bank of Canada (BoC) said that high home prices and the debt that comes with them are...