CP17161881 | Newsroom Ready: Government asking banks to cut credit-card rates

CP17161964 | Bank of Canada cuts key interest rate target to 0.25 per cent

CP173987650 | Bank of Canada makes quarter-point rate cut

CP169930844 | Bank of Canada to continue holding key interest rate at 5%

CP171953744 | Bank of Canada cuts key interest rate

CP17158022 | Bank of Canada governor Stephen Poloz shares thinking behind interest rate cut

CP173021015 | Bank of Canada announces third consecutive interest rate cut

CP170178724 | Bank of Canada holds key rate steady at five per cent, says too early to cut

CP173388323 | Bank of Canada delivers half-percentage-point rate cut

CP154554871 | Bank of Canada raises key interest rate

Placeline/People

City Vaughan

Country Canada

Government asking banks to cut credit-card rates

Despite cuts to key interest rates by Canada's central bank, credit-card interest rates are still high. Prime Minister Justin Trudeau says the federal government is talking to the banks about reducing them as more Canadian consumers need to use credit to pay their expenses over the next few months.

Source name:

Unique identifier: CP17161827

Legacy Identifier: n_COVID-Banks20200326T1330

Type: Video

Duration: 2m7s

Dimensions: 1920px × 1080px 149.14 MB

Create Date: 3/26/2020 1:30:00 PM

Display aspect ratio: 16:9