Find exchange rates, interest rates, price indexes, economic indicators and other statistical information.| www.bankofcanada.ca
The income gap reached a record high in the first quarter; the highest income households gained from investments, while the lowest income households' wages declined. Lower borrowing costs and easing inflationary pressures facilitated household saving and debt management, while declining real estate values weighed on the average wealth of younger age groups and the least wealthy.| www150.statcan.gc.ca
The Bank of Canada (BoC) lowered its policy interest rate on Wednesday, bringing it down to 4.5% — a level it hasn't been at since the early days of June 2023. This latest move from the central bank marks the second cut of a cycle that began back in March 2022, and saw rates raised sharply on 10 occ...| STOREYS