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Bank of Canada holds interest rate steady, warns future hikes possible
Posted
April 29, 2026
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7,209
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April 29, 2026
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4:15Now PlayingThe Bank of Canada is keeping its key lending rate at 2.25 per cent, saying future changes could be small if its economic projections hold true. However, Governor Tiff Macklem also warned that this is a time of uncertainty and that there could be future consecutive rate hikes if oil prices stay high and increase inflation.
UPDATE (April 29, 2026): This video previously had a technical error at 4:14. It has been trimmed.
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