Bank Holds Rate at 2.25%
The Bank held the target for the overnight rate at 2.25% for a fifth straight decision, after cutting from 3.00% in January 2025 to 2.25% by October 2025.
EconomyCategory
The Bank held the target for the overnight rate at 2.25% for a fifth straight decision, after cutting from 3.00% in January 2025 to 2.25% by October 2025.
EconomyThe Bank of Canada said mortgage-renewal risk should largely pass by the second half of 2027 after a final wave over the next 12 months.
EconomyThe Bank of Canada said job growth averaged about 6,000 a month since early 2025, down from almost 34,000 a month in 2024.
EconomyThe Bank of Canada said major U.S. technology firms doubled AI-related investment from about US$200 billion in 2024 to about US$400 billion in 2025.
EconomyCanada Growth Fund committed up to C$145 million to support expansion of North American Lithium in Quebec.
EconomyGoverning Council discussed oil above US$100 per barrel and the risk that persistent energy prices could require rate increases.
EconomyThe financing package for Nouveau Monde Graphite totalled US$297 million, or about C$411 million.
EconomyFinance Canada priced a new 10-year green bond, raising $2 billion and bringing federal green-bond issuance since March 2022 to $17.5 billion.
EconomyThe Bank of Canada said the financial system continued to function well despite tariffs and trade uncertainty, while warning that several vulnerabilities could combine under stress.
EconomyCanada closed its 2025 G7 finance track with CAD 12 million for crisis resilience, CAD 2 million for debt transparency, and CAD 20 million for the RISE Partnership.
EconomyFinance Canada said the IMF projected Canada to have the third strongest G7 growth in 2025, the second strongest in 2026, and the lowest net-debt-to-GDP ratio in the group.
EconomyCanada announced $12 million for a World Bank crisis-resilience forum and $2 million for debt-transparency work during Washington finance meetings.
EconomyCanada priced $2.5 billion in green bonds, including $1 billion in a new 30-year bond and $1.5 billion reopening a 7-year bond.
EconomyG7 finance ministers in Banff backed work on financial crime, Ukraine support, critical minerals, and $24.8 million in Canadian technical assistance commitments.
EconomyCanada priced a seven-year green bond to raise $2 billion, following earlier green bond issuances of $5 billion, $4 billion, and $2 billion.
Economy