4 h. ago Senior Bank of Canada official calls for more competition in banking

A senior official at the Bank of Canada is calling for more competition in the banking sector to better serve Canadians and the economy. Senior deputy governor Carolyn Rogers laid out her case for a more competitive Canada in a speech at the Canadian Club in Toronto on Thursday morning. Rogers sounded the alarm in […]

Other

5 h. ago Bank of Canada’s Rogers says competition in Canada’s financial sector will boost productivity

The financial sector consists of six key players that collectively hold about 93% of all banking assets

Other

12 h. ago US Auto Sector Needs Continental Trade to Compete, Carney Says

Canadian Prime Minister Mark Carney pushed back against US President Donald Trump’s protectionism in the auto industry, saying North America’s interwoven supply chain makes US manufacturers more competitive on costs.

Economics

19 h. ago RBC’s CEO — a Swiftie — says Canada should shake off fears of big energy projects

'It is very difficult for us as a country to move forward on things with any degree of confidence,' says the head of Canada's largest bank

Other

21 h. ago RBC chief executive says too much of Canada’s economy put under ‘bubble wrap’

CALGARY — The chief executive of the country’s biggest bank says Canada needs to become less risk-averse if it is to prosper in the face of global trade upheaval. “We bubble wrap way too many things in this country because we’re afraid of making a mistake,” Royal Bank of Canada boss Dave McKay told a […]

Other

24 h. ago Small Business Week: BDC Encourages Entrepreneurs to Prepare for the “Economic Revolution”

From October 19 to 25, SMEs reflect on their transformation for the future MONTREAL, Oct. 08, 2025 (GLOBE NEWSWIRE) — As part of the 46th edition of BDC Small Business Week™ , taking place across the country from October 19 to 25, the Business Development Bank of Canada (BDC) and its partners invite Canadian entrepreneurs to come […]

Economics

44 h. ago MPs launch probe of trucking sector, Bloc calls out labour standards

OTTAWA — Labour standards in Canada’s trucking sector are under scrutiny as a House of Commons committee launched a study of the issue this week and the Bloc Quebecois called on the government to end what it calls exploitative practices. The transport committee is studying an industry business model known as “Driver Inc.,” in which […]

Transport

49 h. ago Canada’s deficit to surge to $72 billion, National Bank chief economist says

National Bank of Canada's Stefane Marion says shortfall will reach $100 billion this fiscal year.

Society

49 h. ago Canada’s deficit to surge to $100 billion, National Bank chief economist says

National Bank of Canada's Stefane Marion says shortfall will reach $100 billion this fiscal year.

Society

68 h. ago Auto sector tempering expectations of Carney’s meeting with Trump

OTTAWA — As Prime Minister Mark Carney prepared to enter the belly of the beast with his Oval Office meeting with U.S. President Donald Trump on Tuesday, those representing Canadian industries threatened by Trump’s tariffs were bracing themselves. The Canadian auto industry, one of those suffering the most from steep U.S. tariffs, tempered expectations of […]

Transport

5 d. 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

6 d. ago Russia Ups Strikes on Ukraine Gas Sector at Heating Season Start

Ukraine’s state-owned giant Naftogaz suffered the largest aerial attack on its gas extraction infrastructure since the start of the war as Russia increased its targeting of the energy sector at the start of the heating season.

Culture

6 d. ago Citigroup Sees UK Clean Energy Sector Suffering From Falling Wind Speeds

Britain’s clean energy sector faces supply challenges brought on by declining wind speeds, according to analysts at Citigroup Inc.

Other

7 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

7 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

7 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

8 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

8 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

8 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

8 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