Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. All FX rates are published as the number of Canadian dollars ...

OTTAWA — The Bank of Canada’s top decision makers signalled they likely would have puased the interest rate easing cycle ...

Fears about trade-policy uncertainty “significantly weakening” near-term economic activity persuaded the Bank of Canada to cut its main interest rate this month for a seventh straight time, even ...

The Bank of Canada cut interest rates by 25 basis points to 2.75 per cent — the seventh consecutive reduction — as it finds itself grappling with uncertainty created by United States President Donald ...

Mr. Trump placed blanket tariffs on all Canadian goods, but then offered a month-long reprieve for products that comply with ...

The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov. Tiff Macklem says.

Taylor Schleich, Ethan Currie and Warren Lovely, economists, National Bank of Canada: “Prior to [today’s] decision, our baseline expectation for the BoC rate path was for successive 25 basis ...

It’s the eighth largest bank in North America, with total assets of more than $1 trillion. BMO’s GIC offerings are in line with Canada’s other Big Banks in terms of interest rates ...

The Bank of Canada’s policy interest rate – also known as the overnight rate – is 2.75 per cent. This is the benchmark for short-term interest rates in Canada, and it influences longer-term ...

The head of the Bank of Canada has signalled a shift in how the central bank sets its benchmark interest rate at a time when tariff uncertainty with the United States has made long-term ...

BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products ...