by GIC Wealth Management | Jan 28, 2026 | Uncategorized
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%…. To continue reading please visit: Bank of Canada maintains policy rate at 2¼% – Bank of Canada
by GIC Wealth Management | Oct 29, 2025 | Uncategorized
The Bank of Canada lowered interest rates to 2.25 per cent on Wednesday, but cautioned that monetary policy can’t fix the structural economic damage caused by the U.S. trade war. To continue reading article, please click on the link below...
by GIC Wealth Management | Sep 17, 2025 | Uncategorized
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%… To continue reading… Bank of Canada lowers policy rate to 2½% – Bank of...
by GIC Wealth Management | Jul 30, 2025 | Uncategorized
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%… To continue reading please visit:...
by GIC Wealth Management | Jun 4, 2025 | Uncategorized
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs will impact the economy. To continue reading…...