Â鶹Éç¹ú²ú

Skip to content

Ontario News

Banks lower prime rates to 5.95% after Bank of Canada move

Banks lower prime rates to 5.95% after Bank of Canada move

TORONTO — Canadian financial institutions are lowering their prime lending rates to match the decrease announced by the Bank of Canada. The central bank lowered its key interest rate by half a percentage point Wednesday to 3.75 per cent.
BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

OTTAWA — The Bank of Canada claimed victory against high inflation on Wednesday as it delivered a supersized interest rate cut and signalled its policy rate will likely continue falling in the coming months.
Quick Quotes: What Liberal MPs have to say as the caucus debates Trudeau's future

Quick Quotes: What Liberal MPs have to say as the caucus debates Trudeau's future

OTTAWA — Here are some notable quotes from Liberal members of Parliament as they headed into a caucus meeting Wednesday where they are set to debate Prime Minister Justin Trudeau's leadership.
Fintrac warns of ways lawyers may be facilitating money laundering

Fintrac warns of ways lawyers may be facilitating money laundering

OTTAWA — Canada's anti-money laundering agency is warning about the key areas that lawyers could be aiding in the illicit movement of funds.
Fourth straight interest rate cut may not bring buyers back to the market just yet

Fourth straight interest rate cut may not bring buyers back to the market just yet

TORONTO — While the Bank of Canada's fourth straight cut to its key interest rate could inspire potential homebuyers to get off the sidelines, some commentators say the housing market may not see a huge spark just yet.
A look at what people are saying about the Bank of Canada's rate decision

A look at what people are saying about the Bank of Canada's rate decision

OTTAWA — The Bank of Canada cut its key policy interest rate by 50 basis points on Wednesday to bring it to 3.75 per cent (a basis point is equal to a one-hundredth of a percentage point).
Group calls for for better pay, equipment for wildfire fighters

Group calls for for better pay, equipment for wildfire fighters

OTTAWA — Last May, when Jenny Saulnier was home alone with her dog in Nova Scotia while her son and husband were at hockey, she scrolled through social media and saw there was a house fire some nine kilometres from her home, and was assured she would

Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.75 per cent. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 3.
A patchwork of progress on climate at life insurance giants: report

A patchwork of progress on climate at life insurance giants: report

TORONTO — A new report shows the patchwork of progress at Canada's big life insurers in their efforts to address climate change, and reduce their more than $90 billion in fossil fuel investments.
Poll suggests more than half of Canadians unaware of gridlock in House of Commons

Poll suggests more than half of Canadians unaware of gridlock in House of Commons

OTTAWA — A debate has ground work in the House of Commons to a halt for weeks, but a new poll suggests that most Canadians are not even aware it's happening.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks