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Analysts at Macquarie said in a note this week that the prospect of a rate cut from the Bank of Canada (BoC) has been pushed to June or beyond in the CAD OIS market. The firm said in its note ahead...
CANADA - The Bank of Canada's recent consultations on the potential introduction of a digital Canadian dollar have unveiled significant resistance from the public, with more than 80% of participants...
The Bank of Canada is holding firm on its policy interest rate, despite new data showing a national inflation decrease to 3.1%. Governor Tiff Macklem, speaking at a commerce gathering in Saint John,...
Economist Dylan Smith has indicated that the Bank of Canada might be considering a rate cut to help homeowners struggling with mortgage renewals. The central bank's strategy aims to ensure financial...
The Toronto Stock Exchange's TSX Composite index experienced a modest rise on Thursday, led by gains in the industrials and consumer discretionary sectors. Cargojet and Park Lawn Corporation were...
TORONTO - Today's trading session in Toronto, with U.S. markets closed for Thanksgiving, witnessed a modest rebound of the S&P/TSX composite index, which rose by 41.76 points to close at 20,155.72....
SAINT JOHN, New Brunswick (NYSE:BC) - In an address Wednesday, the Governor of the Bank of Canada, Tiff Macklem, provided insights into the country's economic stance and monetary policy direction....
Canadian wholesale trade has seen a consistent rise, marking its third consecutive monthly increase with a 0.4% climb to C$83.07 billion ($60.67 billion) in September, surpassing Statistics Canada's...
OTTAWA - The Bank of Canada is currently grappling with the challenge of controlling inflation, which has been a persistent issue since late 2021. Internal divisions have emerged among members...
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