BoC to announce interest rate decision today as many forecasters anticipate rate cut

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BoC to announce interest rate decision today as many forecasters anticipate rate cut
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To cut or not to cut -- that is the question the Bank of Canada will answer this morning as it announces its latest interest rate decision.

Forecasters are widely expecting the central bank to lower its key interest rate by a quarter of a percentage point, which would mark the first rate cut in more than four years.The Bank of Canada's key interest rate is currently sitting at five per cent, the highest it's been since 2001.If the Bank of Canada opts to lower its policy rate, it would be moving ahead of some of its central bank peers, including the U.S. Federal Reserve.CTVNews.

A Vancouver Island woman is facing multiple charges after allegedly brandishing a machete and taking a taxicab on a multi-city ride across Greater Victoria after the driver asked her to pay her fare.The shot is iconic: an unidentified man in a white shirt, hands full of bags, facing off against a column of tanks on Beijing’s Avenue of Eternal Peace, after the Chinese Communist Party ordered a bloody military crackdown on pro-democracy protesters.

N.B. auditor general finds $173 million in travel nurse contracts 'did not demonstrate value for money' When Alyssa Anklewich’s history teacher assigned her Westwood Collegiate class an essay about D-Day, the 15-year-old had other ideas.Many people are familiar with the benefits of being in nature, but forest therapy goes a step further than a simple walk in the woods.

Duncan Murray, professional extreme pogo sticker, made it to the semifinals on Britain's Got Talent. Now back in Ottawa, he's inspiring young people with The Duncan Pogo Show.The head of the comedy company stepping in to take over from the troubled Just For Laughs franchise says he will make space for English-language content in future festivals, but he will "need time" to make a long-term plan.The Radisson Centre, which serves people with mobility issues, is facing eviction.

Fentanyl and other drugs seized in a recent drug trafficking investigation by Regina police is believed have a street value of over $1 million.Crews battle flames at abandoned Cambridge buildingSaskatoonSaskatoon Public Library staff have overwhelmingly voted in favour of job action over wages and concerns about violent incidents at work.Devyn Gregoire is looking to buy his first home and join many others in Canada who are managing their mortgages amid high interest rates.

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