The Bank of Canada has reduced its key interest rate by 25 basis points, bringing the overnight lending rate to 2.5 per cent. This comes as the U.S. Federal Reserve cut its rate for the first time ...

Canada’s key interest rate slashed by quarter-point to 2.5% Bank of Canada makes 1st interest rate cut since March – could more be on the way? Carney government to table first federal budget on Nov. 4 ...