The Bank of Canada held its key policy rate steady at 2.25 per cent on Wednesday as widely expected, and Governor Tiff Macklem said the economy was proving resilient overall to the effect of U.S. trade measures.
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Bank of Canada holds rates, says economy is resilient
Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices
Canada’s annual inflation rate in October eased to 2.2 per cent as gasoline prices dropped, food prices eased and mortgage interest costs came down below the three per cent mark, data showed on Monday.
Canadian economy going ‘under the speed limit,’ says FCC analyst
Farm Credit Canada outlined less than impressive numbers for Canada’s economy Sept. 18, and that will spill over into agriculture.
Bank of Canada holds rates steady and says global trade war risk has eased
The Bank of Canada held its key policy rate at 2.75 per cent for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.
Bank of Canada holds rates, says tariffs could cause deep recession
The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.
Producers protest change to 2025 cash advance program
The 2025 interest-free portion for advance payments has been lowered back to 2021 levels
Canadian farm groups may have another lobby fight this year to increase the interest-free portion of the Advance Payments Program, which has been dropped back down to $100,000.
Interest rates ratchet back
Central bank reduces the cost of borrowing, generally something that's good news for farmers
Central bank reduces the cost of borrowing, generally something that’s good news for farmers.
Canada’s jobless rate jumps to 6.8 per cent; bets up for 50 bps rate cut next week
Canada's unemployment rate rose more than expected to 6.8 per cent in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data showed on Friday, boosting chances of a large interest rate cut next week.
Bank of Canada cuts rates, hails ‘good news’ on low inflation
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut
Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.
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