The Bank of Canada raises the interest rate to 5%.
The Bank of Canada raised its key interest rate by a quarter percentage point this morning, bringing it to 5%, the highest rate since...
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Jul 10, 20232 min read
They expect another increase in the interest rate.
Economists expect the Bank of Canada to raise interest rates again this week as the economy has not weakened enough for the central bank...
May 24, 20231 min read
Canada has the highest level of debt per household in the G7
Canada has the highest level of household debt in the G7, making its economy vulnerable to a global economic downturn, according to the...
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