Insights and Stories on Interest Rates

Sep. 4, 2024 at 12:50 pm CDT

The Bank of Canada has made another 25 basis point cut to its benchmark interest rate.

By Reuters

Jul. 24, 2024 at 1:27 pm CDT

The Bank of Canada on Wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5 per cent, and said more reductions in borrowing costs were likely if inflation continued to cool in line with forecasts.

By David Ljunggren, Promit Mukherjee, Reuters

Jun. 5, 2024 at 1:55 pm CDT

The Bank of Canada trimmed its key policy rate on Wednesday to 4.75 per cent from a 23-year high of five per cent. Inflation is now running at 2.7 per cent, above the central bank's two per cent target, but down from a high of 8.1 per cent in June 2022, Reuters reported.

By Geralyn Wichers

May. 29, 2024 at 4:26 pm CDT

With the growing likelihood of an interest rate cut by the Bank of Canada, spillover from the move could prove to be beneficial for canola prices, according to Calgary-based Errol Anderson of Errol’s Commodity Wire.

By Glen Hallick - MarketsFarm

Mar. 12, 2024 at 9:26 am CDT

Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.

By Jeff Melchior