Tag: Bank of Canada

Bank of Canada drops key interest rate to 2.75 per cent

Provincial My Kootenay Now Staff - March 12, 2025

A looming trade war has prompted the Bank of Canada (BOC) to cut its key interest rate for the...

Central Bank slashes interest rate for sixth time as American tariffs loom

Provincial My Kootenay Now Staff - January 29, 2025

The Bank of Canada has lowered its key interest rate by a quarter percentage point, bringing it to three...

Bank of Canada makes significant cut to interest rates

National My Kootenay Now Staff - December 11, 2024

It's a massive interest rate cut from the Bank of Canada. In its fifth consecutive reduction since June, the BOC...

Bank of Canada cuts interest rates

National My Kootenay Now Staff - October 23, 2024

The Bank of Canada (B-O-C) has cut its key interest rate for a fourth straight time. In its biggest move...

Central Bank makes highly-anticipated interest rate cut

Provincial My Kootenay Now Staff - June 5, 2024

Canada's key interest has dropped for the first time since last July. The Bank of Canada has cut its benchmark...

Latest News

UPDATED: U18 baseball tourney pushes on in Trail after storm

Baseball August 1, 2025

A major storm was a setback for a provincial baseball tournament in Trail, but organizers are pushing ahead with a condensed schedule.

Increased wildfire risk this August long weekend from lightning, dry conditions

Provincial August 1, 2025

The B.C. Wildfire Service (BCWS) said the province is seeing a return to seasonal temperatures heading into the August long weekend, but increased lightning means the potential for new fire starts remains high.

No major damage following storm: City of Trail

City of Trail August 1, 2025

The City of Trail says clean up following a major storm Thursday afternoon will probably extend into next week.

Be prepared, stay safe this B.C. Day long weekend