#Bank of Canada
2 articles with this tag
EconomyBank of Canada Hikes Key Interest Rate for First Time in Three Years, Cites Inflation Concerns
The Bank of Canada has raised its key interest rate for the first time in over three years to 2.5 percent, citing concerns that rising energy costs could fuel broader inflation. The bank also increased its inflation forecast for 2027 and warned further hikes may be necessary.
Al Jazeera English|October 28, 2026
EconomyCanada's Economy Bounces Back in Q2, but New US Tariffs Threaten Future Growth
Canada's economy rebounded with a 3.3 percent annualised growth rate in the second quarter, though new US tariffs and trade disputes threaten future economic stability.
Al Jazeera English|August 29, 2026|1