The Latest Breaking News from Bank of Canada

United States President Donald Trump has made calls to ease Canadian regulatory barriers on foreign-owned banks. His criticism highlights a recurring, but often overlooked, threat to Canada: monetary sovereignty.

The independence of central banks from the democratic process has been a bedrock of economic policy for decades. The Bank of Canada is no exception, maintaining distance from elected officials to ensure monetary policy is free from political pressures.

The Canadian and American economies are deeply intertwined. With the United States Federal Reserve cautious amid mixed signals from the labour market and rising inflation worries, the Bank of Canada has just lowered its key interest rate to 3.75 per cent — cutting it by half a percentage point.

Canada's central bank cut its key interest rate by half a point Wednesday, reducing it to 3.75 percent and offering borrowers further relief as it claimed the battle against inflation had proven successful.

Bank of Canada's divergence from the Federal Reserve and its impact on the Canadian dollar and monetary policy.

Bank of Canada warns about high debt levels and asset valuations as risks to financial stability in Canada.

Bank of Canada highlights limits to US-Canada interest rate divergence for stability and growth.

Bank of Canada survey reveals Canadian firms' cautious optimism and resilience in anticipation of economic recovery.

Bank of Canada expected to lead rate cuts ahead of U.S. Federal Reserve in response to global economic concerns and trade tensions.