by GIC Wealth Management | Oct 28, 2026 | Uncategorized
The Bank of Canada today increased 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%. Since the July Monetary Policy Report, global economic activity has remained resilient, despite higher energy...
by GIC Wealth Management | Sep 2, 2026 | Uncategorized
On September 2, 2026, The Bank of Canada announced that it is holding its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Below is a link to today’s press release: Bank of Canada maintains the policy rate at 2¼%...
by GIC Wealth Management | Jul 15, 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%. Canada’s economy is showing signs of improvement. Growth is picking up and inflation is projected to ease gradually from its recent...
by GIC Wealth Management | Jun 10, 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 the policy rate at 2¼% – Bank of Canada
by GIC Wealth Management | Apr 30, 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
