June 2023 | Bank of Canada Raises Policy Rate 25 Basis Points and Continues Quantitative Tightening
The Bank of Canada today increased its target for the overnight rate by 0.25% to 4.75%. How does this increase affect mortgage holders...
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Keith&Jacqueline
- Apr 12
- 2 min
April 2023 | Bank of Canada Rate Announcement
The Bank of Canada (BoC) maintained its target for the overnight rate at 4½% at its meeting of April 12, 2023. This is the second...
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Keith&Jacqueline
- Mar 8
- 2 min
March 2023 | Bank of Canada Rate Announcement
Bank of Canada maintains policy rate, continues quantitative tightening March 8, 2023.
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Keith&Jacqueline
- Jan 25
- 1 min
January 2023 - Bank of Canada Rate Announcement
Today, the BoC made their first interest rate decision of 2023 by raising its policy rate to 4.50%, an increase of 0.25%. This is the...
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Keith&Jacqueline
- Dec 7, 2022
- 1 min
December 2022 - Bank of Canada Rate Announcement
The BoC increased its target overnight rate by 0.50% to 4.25%, the highest it's been since 2008. Today’s rate hike marks the seventh...
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Keith&Jacqueline
- Oct 26, 2022
- 3 min
October 2022 - Bank of Canada Rate Announcement
Today , the BoC increased its target overnight rate by 0.50% to 3.75%. This was lower than the 0.75% increase expected by most. The Bank...
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Keith&Jacqueline
- Sep 13, 2022
- 2 min
Getting inflation back to normal
Speech summary Carolyn Rogers - Senior Deputy Governor of the Bank of Canada Speaking a day after the Bank of Canada raised interest...
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Keith&Jacqueline
- Sep 7, 2022
- 2 min
September 2022 - Bank of Canada Rate Announcement
Monetary policy is also further being tightened by the BoC. This is the 5th increase in the overnight rate since March 2022 as the BoC...
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Keith&Jacqueline
- Jul 13, 2022
- 2 min
July 2022 - Bank of Canada Rate Announcement
The market was expecting a 0.75% increase. The Bank is also continuing its policy of quantitative tightening (QT). The aggressive action...
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Keith&Jacqueline
- Apr 13, 2022
- 1 min
April 2022 - Bank Of Canada Rate Announcement - 3 Things You NEED TO KNOW
What? The Bank of Canada increased its overnight rate by 0.50% So? This was the biggest one-time increase in 22 years, since 2000, in an...
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