April 19, 2026 03:32 am (IST)
Follow us:
Bank of Canada keeps interest rate unchanged
Ottawa, Mar 7 (Xinhua) Canada's central bank on Wednesday kept its benchmark interest rate unchanged at 1.75 per cent and pointed to "increased uncertainty" about the timing of future rate hikes.
The Bank of Canada raised the interest five times since July 2017.
However, the interest has been kept at 1.75 per cent since Oct 2018.
Image Credit: Bank of Canada Facebook
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Canada to host first global investment summit as government targets $1 trillion in capital inflows
Fri, Apr 17 2026
US suspect flees into Canada, shot at during pursuit before suicide; officer cleared
Thu, Apr 16 2026
Trump hints at fresh US-Iran talks in Islamabad, heaps praise on Pakistan Army Chief Munir
Wed, Apr 15 2026
Canada, Finland forge strategic pact on Arctic security, defence and emerging technologies
Wed, Apr 15 2026
Canada suspends fuel tax until September to ease cost pressures
Tue, Apr 14 2026