Text of the BoC’s latest interest rate decision
Governing Council cites a weaker economy and less upside risk to inflation as it cuts policy rate by 25 basis points
- By: The Canadian Press
- September 17, 2025 September 17, 2025
- 10:56
Governing Council cites a weaker economy and less upside risk to inflation as it cuts policy rate by 25 basis points
Auto shipments drive 13.8% drop in August exports to U.S.
Bank of England seen as likely to keep rates steady
Economists expect a measured approach, but weak jobs data could push the Fed to act faster
Banks' top revenue source to shrink alongside rates: Moody's
Spending on gas, other essentials, leading the slowdown in consumption
Carbon tax repeal and trade uncertainty weigh on finances
Global survey finds inflation expectations are elevated worldwide
Urban housing starts decline from July while rural pace holds steady
Back-to-school shopping and restaurant sales boost spending
Gas prices, cost of most groceries rise month over month
Provinces with hard hit sectors, large U.S. exports, most exposed
U.S. leads rebound, results mixed across the rest of the G20
Transportation equipment, petroleum and coal drive gains
Inflationary pressure, weak labour market complicate decision
Economists expect inflation to come in at 2% for August, up from 1.7%
Average home price up 1.8% as sales, supply rise
Higher mortgage rates will be a drag on consumers, but economy can take it
Trading models secretly changed to boost performance, compensation
YorkU research examines funds behaviour amid market stress
The country's key rate has risen as high as 21% to lower inflation
"Finally — they get it": Premier Danielle Smith
Residential permits rose 3.8% as single-family homes led the increase
Canada must be prepared to deal with a future beset by protectionism: NBF
Trade group says extended trading brings risks alongside rewards