
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 […]
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 […]
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 […]
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 […]
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 […]