Bank of Canada Signals End to Quantitative Tightening Program by Mid-Year The Bank of Canada (BoC) will soon conclude its quantitative tightening (QT) program, Deputy […]
Tag: Financial News
7-Eleven Parent Company Declines $39 Billion Acquisition Bid from Canadian Competitor
The parent company of 7-Eleven has turned down a $39 billion (£29.6 billion) takeover bid from Canadian competitor Alimentation Couche-Tard, stating that the offer “grossly […]
Economists Predict Bank of Canada Will Accelerate and Deepen Interest Rate Cuts Over the Next Year
Economists predict that the Bank of Canada will cut interest rates for a third consecutive meeting next week, continuing a steady downward trend in borrowing […]
Bank of Canada Rate Cut Offers Relief for Indebted Canadians
A recent interest rate cut and encouraging economic data have sparked optimism among debt-laden Canadians, suggesting that better days might be on the horizon, according […]
How Much Will the Bank of Canada Cut Interest Rates in 2024?
Dawn Desjardins, senior economist at Deloitte Canada, discusses the implications of the latest inflation data for the Bank of Canada and interest rates with Financial […]
The Bank of Canada has opted to maintain the current 5% interest rate, signaling no adjustments at this time.
The Bank of Canada has affirmed that its key overnight interest rate will remain at five percent, maintaining its benchmark for the fourth consecutive […]