3 d. ago Chris Selley: Carney goes nuclear over plagiarism accusations that should’ve rolled off his back

This election is about his CV, not his PhD thesis. He either did a good job at the Bank of Canada and the Bank of England or he didn't

Economics

4 d. ago RBC says winning the ‘AI arms race’ key to future growth despite trade war uncertainty

Canada's largest bank holds first Investor Day event since 2018

Economics

4 d. ago You’ll rarely hear the word “stagflation” uttered by central bankers, for good reason

Robert McLister: The Bank of Canada called a stagflationary outcome 'complicated,' the understatement of the year

Other

5 d. ago RBC Stays the Course With Growth Targets Despite Trade Turmoil

Royal Bank of Canada is continuing on a path it charted almost seven years ago, confirming at its investor day that it will maintain its current growth and profitability targets while also warning that trade turmoil could throw those off track.

Economics

5 d. ago RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty

TORONTO — Royal Bank of Canada may see near-term headwinds that drive lower-than-expected performance, but the bank is well positioned amid the current economic uncertainty, chief executive Dave McKay said Thursday. Speaking at the big Canadian bank’s first investor day since June 2018, McKay said RBC has started to see some softening across some of […]

Economics

5 d. ago Batten down the hatches? Canadians cut spending amid tariff fears

Wary of economic hardships, Canadians are becoming more cautious with spending and planning savings, the Bank of Canada noted in its summary of deliberations on Wednesday.

Economics

5 d. ago Bank of Canada would have held interest rate at 3% in March, if not for tariff threats

Some members argued to pause until there was more clarity on impact of Donald Trump's tariffs

Economics

6 d. ago Bank of Canada says it would have likely held rate steady if not for tariffs

OTTAWA — The Bank of Canada likely would have hit pause on its interest rate lowering cycle earlier this month were it not for the substantial uncertainty around tariffs from the United States. The central bank today released a summary of the discussions that led to its quarter-point rate cut two weeks ago in a […]

Economics

6 d. ago ‘We’re seriously outgunned’ in trade war, warns former Bank of Canada governor

'When the dust settles, we will need our U.S. partnership, just as much as we need it today' — Stephen Poloz

Politics

9 d. ago Mark Carney to call April 28 election as parties kick off campaigns

OTTAWA — Canada’s federal election will kick off at noon Sunday. Less than a week-and-a-half after winning the federal Liberal Leadership and being appointed prime minister, former Bank of Canada Governor Mark Carney will visit Rideau Hall at noon today to dissolve Parliament — guaranteeing a mid-spring election. As word of a potential writ-drop spread, […]

Politics

1 week ago Varcoe: Rising prices or slowing economy — Bank of Canada faces test picking priority amid tariff war

The on-again, off-again nature of the threat of tariffs is already clouding the investment climate and consumers' spending intentions

Economics

1 week ago Varcoe: Will U.S. tariffs trigger Canadian stagflation? Bank of Canada faces test of rising prices, slowing economy

The on-again, off-again nature of the threat of tariffs is already clouding the investment climate and consumers' spending intentions

Economics

1 week ago Canada pledges nearly $100M for Palestinians in Gaza, West Bank

OTTAWA — The federal Liberals are announcing nearly $100 million in humanitarian relief and governance support for Palestinians, days before a widely expected election. Foreign Affairs Minister Melanie Joly, who took on the file of international development last week, is announcing funding for major agencies working in the occupied Palestinian territories. The announced funding includes […]

Economics

1 week ago Canada’s economy managed a soft landing. That might not last, warns Macklem

Speaking in Calgary, Bank of Canada governor Tiff Macklem said that while the Canadian economy entered 2025 on strong footing, the outlook for the year is not rosy.

Other

1 week ago Bank of Canada will work to minimize risk in face of trade war, Macklem says

Usual ‘forward-looking’ approach too difficult amid uncertainty

Economics

1 week ago Bank of Canada signals shift in how it sets rates amid tariff uncertainty

OTTAWA — The head of the Bank of Canada has signalled a shift in how the central bank sets its benchmark interest rate at a time when tariff uncertainty with the United States has made long-term forecasting much more difficult.  Governor Tiff Macklem was in Calgary on Thursday speaking to the city’s economic development group.  […]

Economics

2 w. ago Bank of Canada’s job just got ‘even harder’: Economists on the latest inflation numbers

Markets and more economists calling are betting that policymakers will hold interest rates at April 16 decision

Economics

2 w. ago Ontario bank robber declared dangerous offender over physical and psychological violence

Jason Buick, 55, has hit 10 banks and estimated he might have been out of jail a total of five years since the age of 18

Events

2 w. ago Bank of Canada would need to hike interest rates by up to 1.25% in full

Growth would plunge and inflation would soar if tariffs threats fulfilled

Other

2 w. ago Carney suggests he will get rid of the carbon tax on first official day in office

The former Bank of Canada governor formed a leaner cabinet of 24 members, down from 37, excluding some high-profile MPs

Economics