The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists after inflation eased in June. The decision marks …
The Kremlin on Tuesday called a European Union plan to use interest earned on frozen Russian assets to fund military aid to Ukraine “theft” and said it would take legal …
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …
The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing …
He also asked all public figures, religious leaders and the general public to “monitor each other, and also report if there are any indications of online gambling”, admitting it was …
Quebec provincial police have arrested five more people with crimes tied to a massive data breach at Desjardins, including the former bank employee originally suspected of being behind the leak. …
Representatives from Canada’s five biggest banks will face questions from MPs this afternoon over their commitments to help reduce greenhouse gas emissions and spur the transition to renewable forms of …
Canada’s banking sector is facing further consolidation as National Bank of Canada has reached an all-share deal to acquire Canadian Western Bank that values the lender at about $5 billion. …
The prime minister travels to Italy today to meet with world leaders as wars in Gaza and Ukraine cast a shadow over this year’s G7 summit. “This is a moment …
Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes and messaging missteps, that’s …