The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

The Bank of Canada (BoC) delivers a widely expected 25 basis points rate cut, bringing interest rates down to 3.00% on Wednesday. This reduction in rates comes at a slower pace after back-to-back ...

Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...

Canada's economy created more jobs than expected in January. (Credit: Peter J. Thompson/National Post) Canada’s unemployment rate continues to decline, falling to 6.6 per cent in January as the ...

Canada’s unemployment rate continues to decline, falling to 6.6 per cent in January as the economy created more jobs than economists expected. The economy added 76,000 positions, according to ...