Interest Rate Canada RBC

Bank of Canada cuts rates by 25 bps

Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs

The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.

CP24 · 1d

RBC chief economist breaks down the Bank of Canada's interest rate cut

RBC Chief Economist Frances Donald discusses the Bank of Canada's decision to cut its key interest rate and what it could mean for inflation in Canada.

The Canadian Press on MSN · 1d

U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.

NerdWallet2d

Best RBC GIC Rates for March 2025

Live in Canada with a Canadian address ... to close when your GIC matures. Even though RBC offers various GICs with different interest rates and terms, it’s always a good idea to consider ...

Forbes7d

Best Low-Interest Credit Cards In Canada For March 2025

The lowest purchase interest rate available on a Canadian credit card is 8.99%. RBC, Home Trust and MBNA Canada (owned by TD Bank) all offer credit cards with this purchase interest rate.

BMO, RBC say interest rates could fall harder and faster with tariffs in play

Two of Canada’s largest banks say interest rates could fall faster and ultimately end up lower than previously predicted, as the consequences of a trade war with the U.S. are set to ripple through the ...

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Bank of Canada cuts rates by 25 bps

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