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Ottawa/IBNS-CMEDIA: The Bank of Canada held its benchmark overnight interest rate at 2.25% on Wednesday, citing global uncertainty driven by the Middle East conflict and evolving US trade policy. The …
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Ottawa/IBNS-CMEDIA: The Bank of Canada faces “a tough job” as structural changes reshape the economy, Senior Deputy Governor Carolyn Rogers said Thursday, warning that the next five years could be as …
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Ottawa/IBNS-CMEDIA: The Bank of Canada is set for a leadership transition after announcing Monday that Deputy Governor Rhys Mendes will depart and Deputy Governor Sharon Kozicki will retire in the …
Read More Ottawa/IBNS-CMEDIA: The Bank of Canada kept its target for the overnight rate unchanged at 2.25%, as policymakers weighed the economic fallout from geopolitical tensions, volatile energy prices and softening domestic …
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Toronto/CMEDIA: Canada’s housing market opened 2026 on a sobering note, with home sales and prices declining even as the Bank of Canada maintained its benchmark interest rate, underscoring persistent weakness …
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Toronto/IBNS-CMEDIA: Canada’s housing market opened 2026 on a sobering note, with home sales and prices declining even as the Bank of Canada maintained its benchmark interest rate, underscoring persistent weakness …
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Toronto/CMEDIA: Lowering its interest rate reportedly only by 25 basis points to three percent yesterday, The Bank of Canada justified its helplessness to do more to negate the economic impact …
Read More With the global economy continuing to expand, the Bank of Canada cut its key interest rate Wed from 4.25 per cent to 3.75 percent. This fourth rate cut in a row of half a …
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CMEDIA/Toronto: The Canadian labour market’s addition of 47,000 jobs in Sept led to the decline of the unemployment rate for the first time since January to 6.5, Statistics Canada reported …
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Ottawa/CMEDIA: Owing to higher prices of groceries, services including tours and air travel, Canada’s annual inflation rate rose to 2.9 percent in May, Statistics Canada reported on Tuesday. While the …
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