“Among those who were unemployed in December, 65.4 per cent remained unemployed in January, higher than the corresponding ...

Economists at CIBC Capital Markets said gross domestic product ( GDP) could fall five per cent if the full magnitude of the ...

Switch your mortgage to RBC and get up to $5,700 in value ... when it is widely anticipated that the Bank of Canada will cut its key interest rate by another 50 to 75 basis points, the prime ...

In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...

Learn more about the best RBC GICs in Canada in this article with more ... GICs with terms longer will earn a reduced interest rate of 3.950%. Principal deposits and interest earned are guaranteed ...

The Bank of Canada cut its benchmark interest rate by 25 basis points last week ... would rise even further to around eight per cent. RBC chief economist Frances Donald and assistant chief economist ...

Live in Canada with a Canadian address ... to close when your GIC matures. Even though RBC offers various GICs with different interest rates and terms, it’s always a good idea to consider ...

However, the threat of a severe economic shock is also present. “Any major economic disruption, such as widespread job losses resulting from trade tensions, could dampen housing demand and weaken ...

Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...

If interest rates rise, your money won’t be locked ... At a glance: Founded in 1864 as Royal Bank of Canada, RBC is one of the largest banks in the world and a Big Six bank in Canada.

RBC economists Nathan Janzen and Abbey ... That backdrop makes the argument for lower interest rates from the Bank of Canada to gird the economy against further slowing, they said.

U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s ...