On April 12, 2023, the Bank of Canada announced that it would maintain its key interest rate. The overnight target rate remains at 4.5%, keeping […]

For the first time in a year, the Bank of Canada has left its overnight target rate unchanged. The overnight target rate remains at 4.5%, […]

The Bank of Canada has raised its overnight target rate by 25 basis points, bringing it to 4.50%. This will drive the prime rate to […]