Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most ...

The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing ...

For example, the MBNA True Line Mastercard * is offering a promotion for new cardholders: it has a 0% interest rate on balance transfers for 12 months with a 3% transfer fee, and after that, it ...

Mortgage specialists are welcoming a hold on interest rates from the Bank of Canada particularly as U.S. President Donald ...

Interest rates in Canada are finally coming down. If you're wondering what this means after years of high inflation and several cycles of rising interest rates, you're not alone.

For example, a company might issue a $1,000 bond with a 20-year maturity and a 10% annual interest rate. In this case, $1,000 would be the bond’s face value; this is the amount that an investor ...

This decline was mostly due to lower real interest rates, which don’t include inflation. You get the real rate by subtracting inflation from the nominal—or posted—rate, for example, the interest rate ...

Many Canadian banks borrow money in other countries, particularly the United States. And keep in mind that the world’s financial markets are interconnected. Interest rates in Canada respond to what ...

Someone buying the same home as the first example in January could have secured a five-year fixed-rate mortgage of 2.39 per cent for a monthly mortgage payment of $3,073, based on a 10-per-cent ...