Change continues to be the trend in financial services regulation. As we close in on the end of January, we set out below a summary of some ...
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.1 The Bank is also announcing its plan to complete the normalization ...
Economic growth has ticked up in Canada, boosted by past cuts in interest rates. In the absence of new tariffs, growth is forecast to strengthen, and inflation remains close to 2%. But the threat of ...
The Bank of Canada today reduced its target for the overnight rate to 3 per cent, with the Bank Rate at 3.25 per cent and the deposit rate at 2.95 per cent. The Bank is also announcing its plan to ...
The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets ...
1:40 Bank of Canada drops key interest rate to 3% but warns of tariff uncertainty The Bank of Canada warned after delivering another interest rate cut on Wednesday that Canada’s economy would be ...
OTTAWA (Reuters) -The Bank of Canada on Wednesday trimmed its key policy rate by ... to reduce the policy rate a further 25 basis points to 3%," the bank said in a statement. The Canadian dollar was ...
U.S. President Donald Trump’s 25-per-cent tariffs are still nothing more than a threat, but they’re already forcing policymakers to prepare for the worst-case scenario. The Bank of Canada ...
OTTAWA—The Bank of Canada is widely expected on Wednesday to cut its policy rate for the sixth straight time, as the potential fallout from a possible trade dispute with the U.S. overshadows an ...
The Bank of Canada cut its benchmark interest rate by ... president and chief executive officer of Royal LePage, said in a statement. Although he noted that a trade war “could eventually cause ...
(Adrian Wyld/The Canadian Press via AP) · ASSOCIATED PRESS A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a ...