loans

Bank of Canada cuts key rate by quarter point to 3% as tariffs threat loom

Bank of Canada cuts key rate by quarter point to 3% as tariffs threat loom

Jan 29, 2025 | 8:59am
The Bank of Canada delivered another interest rate cut today, reducing its policy rate by a quarter-percentage point to three per cent. It’s the central bank’s sixth straight cut since June, with inflation sitting around two per cent. It says the cuts are having an impact, with lower interest rates boosting household spending and the […]
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

Dec 11, 2024 | 10:05am
The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth consecutive reduction since June and brings the central bank’s key rate down to 3.25 per cent. Forecasters were widely expecting the jumbo interest rate cut after the November labour force survey […]
REAL back at City Hall seeking more money to keep going

REAL back at City Hall seeking more money to keep going

Sep 19, 2024 | 11:41am
REGINA – It was a familiar story for Regina Exhibition Association Ltd. at Regina City Hall on Wednesday, as they were back with another request for money. This time REAL officials including acting CEO Roberta Engel, board chair Niki Anderson and Charlene Callander, Interim Board Member, made a request for an additional operating grant of […]
Bank of Canada cuts key interest rate for first time in more than four years

Bank of Canada cuts key interest rate for first time in more than four years

Jun 5, 2024 | 7:59am
The Bank of Canada cut its key interest rate for the first time in more than four years today, marking a major turning point in its fight against inflation. Governor Tiff Macklem says the Bank of Canada has more confidence inflation is moving closer to its two per cent target, citing various indicators that suggest […]
CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

Mar 27, 2024 | 8:09am
Roughly 200,000 small businesses took on new debt to access the forgivable portion of their pandemic relief loans from the federal government, the Canadian Federation of Independent Business said Tuesday. Many businesses took private bank loans with high interest rates to pay back enough of their Canada Emergency Business Account loans to qualify for partial […]

BoC raises key interest rate to 5%, expects slower return to inflation target

Jul 12, 2023 | 8:49am

The Bank of Canada raised interest rates again on Wednesday and released new projections that suggest it will take longer to get inflation back to two per cent. The central bank hiked its key interest rate by a quarter of a percentage point, bringing it to five per cent. Forecasters were widely anticipating the central […]

Bank of Canada raises key interest rate amid stubbornly high inflation

Jun 7, 2023 | 8:36am

The Bank of Canada announced a quarter-percentage point rate hike Wednesday, the first interest rate increase since January, as high inflation persists. The central bank announced a pause earlier in January. Its key interest rate now sits at 4.75 per cent, the highest it’s been since 2001. “Based on the accumulation of evidence, governing council […]

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023

Apr 12, 2023 | 8:28am

The Bank of Canada announced today that it will continue to hold its key interest rate steady at 4.5 per cent, as was widely anticipated by economists. The central bank says recent data is reinforcing its confidence that inflation will continue to fall in the coming months. Canada’s annual inflation rate fell to 5.2 per […]

Bank of Canada raises key interest rate by half percentage point

Dec 7, 2022 | 9:14am

The Bank of Canada is raising its key interest rate by half a percentage point, bringing it to 4.25 per cent and the highest it’s been since 2008. It’s also signaling it may pause its aggressive rate hike cycle after today. In a news release, the central bank says there’s “growing evidence” that higher interest […]

New financing option offered for Sask. livestock producers

Sep 26, 2019 | 6:00am

Saskatchewan livestock producers have a new financing option. The manager of the Saskatchewan Livestock Finance Co-operative, Terry Wensley, says the new SK co-op is designed to help provide loans to livestock producers to expand herd size He says there has been a lot of support for the new co-op and new members are welcome. Wensley says […]

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