Bank of Canada vs. Federal Reserve: who sets interest rates?
Who decides interest rates in Canada and the U.S., what their inflation targets mean, and why a central-bank cut may not change your mortgage payment.
CANADA · UNITED STATES · WORLD
FIRST EDITION
IN FOCUS
NORTHSCOPE / THE SECTION EDIT
Canadian politics, policy, public life, and the decisions shaping the country.

Who decides interest rates in Canada and the U.S., what their inflation targets mean, and why a central-bank cut may not change your mortgage payment.

Compare Canada’s Parliament and the U.S. Congress: who chooses the government, how bills become law, and why confidence votes matter in Canada.

Advance polls close at 8 p.m. Monday. Returning-officer voting offers another option before election day.

A September 28 call covered a bilateral economic framework, Canada–ASEAN negotiations and opportunities in AI and energy.

NASA’s latest mission update lists Kutryk among four astronauts and cosmonauts preparing to travel to the space station.

Prepared remarks for September 26 set out a foreign-policy approach built around diversified ties and issue-specific coalitions.

The latest Statistics Canada release shows a wide gap between transportation, groceries and shelter price growth.

The commercial-vehicle software selection is an estimate of future royalties, with revenue dependent on production and contracts.

A September 24 agreement sets priorities for trade, energy, technology and transport, with implementation still to follow.
FOLLOW THE CONTEXT
Explore the institutions, ideas, and economic forces behind the headlines.
OUR COVERAGE
07
Elections, government decisions and international diplomacy. Follow the evidence and understand what changes.