25 h. ago Canadians will see mortgages rise. Can savings provide a buffer?

While some homeowners would struggle to cover their higher mortgages with their savings, most would be able to dip into them, a new Bank of Canada report suggests.

Events

2 d. ago Bank of Canada may abandon core inflation as ‘preferred’ measure, deputy governor says

Central bank focused on underlying inflation in the last two interest rate decisions

Economics

3 d. ago Lawyer for man accused of accessing PM’s banking data awaits info

OTTAWA — The lawyer for a man accused of accessing Prime Minister Mark Carney’s banking data says he is still awaiting some information from the Crown in the case. Ron Guertin, counsel for former Royal Bank of Canada employee Ibrahim El-Hakim, told an Ontario court Wednesday the matter is “rather involved” and he expects disclosure […]

Other

3 d. ago Bank of Canada says ‘weaker’ economy led to September rate cut

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

Other

4 d. ago Bank of Canada not convinced inflation risks are gone for good, deliberations show

Weakening labour market helped sway policy makers to cut interest rate

Economics

4 d. ago Bank of Canada Weighed September Pause Amid Consumption Strength

The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.

Other

4 d. ago Bank of Canada Mulled September Hold Amid Strong Consumption

The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.

Other

4 d. ago Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary

A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]

Economics

5 d. ago Posthaste: Why this economist thinks the Bank of Canada will cut more than expected — much more

Capital Economics predicts interest rate will drop to 1.75% by next year

Other

1 week ago Canada is seeing its largest retirement wave as fertility rate plummets

The boomer retirement wave, which started in 2011 when the oldest boomers turned 65, will reach its peak by the end of this decade, a Royal Bank of Canada report said.

Other

1 week ago Macklem Backs Canada’s Fiscal Shift, Says Tough Reforms Needed

Bank of Canada Governor Tiff Macklem offered a subtle endorsement of the government’s plans to spend on infrastructure, saying policymakers in the past have not done enough to boost productivity and real incomes.

Society

1 week ago Varcoe: Bank of Canada governor says country can benefit from lessons of TMX and LNG Canada to boost economy

The U.S. will remain a crucial trade partner for Canada, but the country needs to 'find new markets for our products and new products for our markets,' Tiff Macklem said

Politics

1 week ago Bank of Canada Says Trump Trade Policy May Hurt Greenback’s Safe

Bank of Canada Governor Tiff Macklem suggested the US dollar’s status as a “global safe asset” may be hurt by President Donald Trump’s trade policies.

Economics

1 week ago RBC CEO Says US Visa Fee Gives Canada a Chance to Grab Tech Talent

Royal Bank of Canada Chief Executive Officer Dave McKay said the White House’s move to impose a $100,000 fee on H-1B visas is a “material opportunity” for Canada to attract more skilled tech workers.

Other

1 week ago Canada waited too long to diversify trade from U.S., BoC governor says

The head of the Bank of Canada says the country waited too long to reduce its economic dependence on the United States and is paying the price today. Governor Tiff Macklem was in Saskatoon Tuesday giving a speech about global trade disruption to Saskatchewan business leaders. He warned that U.S. President Donald Trump’s tariffs have […]

Politics

2 w. ago Key US Inflation Metric to Ease as Focus Shifts to Jobs Market

The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers some breathing room to address weakness in the US labor market.

Economics

2 w. ago Are variable or fixed rates better after Bank of Canada cut? FP video

Watch: Plus, what's driving the central bank's rate decisions?

Other

2 w. ago Renewing your mortgage? What the Bank of Canada’s rate cut means for you

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026. What does the most recent rate cut mean for you?

Events

2 w. ago U.S. tariffs ‘greatest intentional destruction of income ever’: Stephen Poloz

TORONTO — A former Bank of Canada governor says the tariffs being imposed by the U.S. will be the “greatest intentional destruction of income ever.” Stephen Poloz estimates that if U.S. tariffs land somewhere in the vicinity of 10 per cent, they would reduce global income by close to or around two percentage points. While […]

Economics

2 w. ago David Rosenberg: The Bank of Canada and Fed finally cut rates, but both clearly have more to do

The Bank of Canada’s confidence level that inflation is back on a downward path has substantially increased

Sport