6 h. ago Loonie Rises Most Since May as Yields Jump on Strong Jobs Data

The Canadian dollar rose the most since May and yields on the nation’s debt jumped as surprisingly strong employment data triggered bets that the Bank of Canada will raise interest rates next year.

Other

7 h. ago Laurentian Bank bowing out of retail banking from stiff competition: CEO

The head of Laurentian Bank of Canada says the country’s retail banking industry had become too competitive for it to try and go it alone. The bank announced Tuesday it was splitting itself up with plans to effectively give its retail and small and medium business segments to National Bank, and sell its commercial operations […]

Other

8 h. ago Markets Bet Bank of Canada Hikes by Late 2026 After Jobs Surprise

Markets increasingly expect the Bank of Canada’s next move will be a rate hike next year, as the country’s unexpected labor market strength suggests further monetary easing may not be needed despite US tariffs.

Other

62 h. ago Laurentian Bank failed to keep up with the times, analysts say

According to its 2022 annual report, it had one of the worst efficiency ratios — a measure of its ability to control overhead expenses — of any bank in Canada.

Other

3 d. ago What Laurentian Bank customers can expect amid sale to National Bank

Laurentian Bank’s retail customers are poised to move to National Bank, the latest in a wave of consolidation in the banking industry. In a split-sale agreement, National Bank will take over Laurentian’s retail loans and deposits as well as the small business segment while Fairstone Bank of Canada acquires the commercial operations. While the length […]

Society

3 d. ago Laurentian Bank announces split sale to Fairstone Bank and National Bank

MONTREAL —Laurentian Bank is being split up and sold, its commercial operations going to Fairstone Bank of Canada in a $1.9 billion deal while National Bank is buying the retail and small business segment for roughly book value. The deal is the culmination of years of struggles at the more than 175-year-old bank to turn […]

Society

3 d. ago Fairstone Bank to buy Laurentian Bank of Canada for $1.9 billion

National Bank to acquire Quebec bank's retail and small business portfolios

Economics

7 d. ago Economists raise red flags about third quarter GDP blowout and Bank of Canada estimate for growth

'Growth roared back far stronger than anyone expected, but dig deeper and the engine looks like it’s running on fumes'

Culture

7 d. ago Posthaste: These jobs numbers cry out for more Bank of Canada rate cuts, economist says

A survey of business payrolls suggests the employment market is in worse shape than many Canadians think

Other

8 d. ago Bank of Canada in risk management mode with stagflation on the table, Poloz says

Central bank is more likely to do very little in terms of rate moves, according to former Bank of Canada governor

Other

9 d. ago Women, visible minorities gaining ground in venture capital, private equity: study

Diversity is increasing across Canada’s venture capital and private equity landscape, a new survey suggests. Research published Wednesday by the Business Development Bank of Canada found that 88 per cent of general partners (GPs) the organization surveyed had at least one woman on their investment committees last year. That was up from 63 per cent […]

Economics

1 week ago The Bank of Canada’s forecast for third quarter growth is looking iffy, these economists warn

'If the recent pattern holds, the September estimate for growth will get erased, and Q3 GDP growth will come in around zero'

Culture

1 week ago RBC Denies Claims of ‘Boys Club’ Culture, Bias Against Women

Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its US capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pay and promotions to women.

Other

2 w. ago These Canadian bank accounts were just ranked the best for 2026

It can be overwhelming to research the best bank accounts in Canada to sign up for, with companies offering different perks and features.Whether you're a student or newcomer looking for the best bank accounts in Canada to meet your requirements, then look no further than the latest award-winning banks. Online financial platform Ratehub has released its 2026 Personal Finance Awards list, which features some noteworthy winners."Whether you're a cautious saver aiming to boost your returns or an investor focused on growing your portfolio, while keeping fees low, this year's award winners can help you get closer to your financial goals," reads the report.The awards list highlights the best banking and investment accounts across 13 categories to help Canadians decide which one is the right fit.Best Chequing AccountWinner: EQ Bank Personal AccountEQ Bank earns the title of best chequing account thanks to its flexibility and ability to earn interest, whi...

Economics

2 w. ago Canada’s retail sales slow to weakest pace in more than a year

Latest data will do little to move needle on Bank of Canada decision

Other

2 w. ago Affordability crisis can be fixed through productivity, says Bank of Canada

Nicolas Vincent, the Bank of Canada's external deputy governor, says boosting Canada's productivity is the best way to address the affordability crisis.

Other

2 w. ago Canada Regulator Plans Looser Bank Rules to Boost Business Loans

Canada’s banking regulator is proposing to ease capital rules for certain corporate and real estate loans, aiming to fuel more business investment in the country.

Economics

2 w. ago Bank of Canada deputy governor says country’s affordability crisis is linked to productivity

Improve productivity and you boost the economy and Canadians' incomes

Politics

2 w. ago Bank of Canada Warns on ‘Vicious Circle’ of Weak Productivity

The Bank of Canada said the country’s anemic productivity growth is a “systemic” problem, doubling down on its message to governments and businesses to urgently address the issue.

Other

2 w. ago October inflation has economists expecting another Bank of Canada hold

Inflation rate dipped to 2.2% in October

Economics