News

Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least ...
However, just over half of economists, 15 of 29, predicted two more rate cuts by the end of the third quarter as recession ...
Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow ...
stock markets yo-yoing and reports Ontario’s job losses are high this month, Canada’s economic future remains uncertain. That’s why financial experts are predicting the Bank of Canada will likely drop ...
The Canadian dollar strengthened to a five-month high against its U.S. counterpart on Friday as the erratic nature of U.S.
Pricing trends are getting pushed all over the place these days by big economic shifts, resulting in what's expected to be ...
Economists, including CPA Canada’s chief economist David-Alexandre Brassard, suggest that the BoC is engaging in a high-stakes balancing act. With $60 billion in US goods and automobiles now subject ...
merged with Imperial Bank of Canada (founded in 873). It currently serves more than 13 million customers. CIBC offers some GICs at a “bonus rate,” which generates more interest than the posted ...
Some are fixed-rate, and give you a guaranteed interest rate over the ... The following are the best GIC rates in Canada as of April 9, 2025: WealthOne Bank of Canada — 3.70% (1-year) WealthOne ...
It’s the eighth largest bank in North America, with total assets of more than $1 trillion. BMO’s GIC offerings are in line with Canada’s other Big Banks in terms of interest rates ...
Yes, by the Canada Deposit Insurance Corporation. Alternatively, you could consider a GIC from an online bank, as they often offer higher interest rates and lower minimum deposit requirements than ...
These accounts are available across Canada, including Quebec. Rates are subject ... If you already bank with EQ you’re used to seeing their consistently high interest rates.