31 h. ago S&P/TSX composite declines ahead of rate decisions next week, U.S. markets mixed

TORONTO — Broad-based losses drove Canada’s main stock index to close lower on Friday, while U.S. markets were mixed ahead of key rate decisions next week from the U.S. Federal Reserve and the Bank of Canada. Dustin Reid, chief strategist for fixed income at Mackenzie Investments, said Friday’s trading session was a “bit of a […]

Other

42 h. ago Next week’s decision could be a leap of faith for Bank of Canada

Robert McLister: Rate cuts only make sense if central bankers genuinely believe inflation will glide back to target

Other

4 d. ago Toronto cafe to open second location combined with new snack bar

A cafe in one of Toronto’s trendiest neighbourhoods is soon opening a second location, but it has something brand-new tacked on, too.Fall calls for a steamy latte (both of the pumpkin spice variety and not) inside of a cute cafe, the same way that summertime calls for margaritas on a patio, and, we hate to break it to you, but leaves are already changing colours.Fall’s approach isn’t an entirely bad thing, though, because it means that it’s time to dust off that list and add some new spots to check out this season.Lucky for us, William and Carlos Oliveira, the son-and-father duo behind Little Italy’s Café Belém and Mercado in the Castlefield Design District, have something extra special up their sleeves.Despite only opening their Portuguese cafe (Belém) around a year ago, it’s already an inarguable hit in the neighbourhood. Now, they’re gearing up to open a second location of the cafe in Cor...

Other

5 d. ago Tetra Digital Group Aims to Pioneer Regulated Stablecoin Issuance in Canada

Financial service market leaders Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank of Canada, and Shopify invest in groundbreaking digital payment initiative TORONTO — Tetra Digital Group, one of Canada’s leading digital asset infrastructure providers; parent company of Tetra Trust and Tetra Unity, today announced the closing of an investment of approximately $10 […]

Other

8 d. ago Lenders Flip Bank of Canada Calls to Cuts After Ugly Jobs Report

Two of Canada’s largest lenders now see the Bank of Canada cutting borrowing costs later this month after a worse-than-expected jobs report.

Other

8 d. ago CRA ending contracts of 250 employees at tax centres three days into 100

The term employees will be cut despite issues at tax centres that may lead to more calls from taxpayers.

Economics

9 d. ago RBC Hires Citi’s Ruffini in London Amid Global Fight for Bankers

Royal Bank of Canada hired Ron Ruffini from Citigroup Inc. as a managing director at the company’s London office, part of a broader push by global firms to snap up bankers and traders.

Other

1 week ago BDC 2025 Annual Report: Supporting more entrepreneurs than ever, $11.5 billion in new financing and investments

MONTREAL, Sept. 03, 2025 (GLOBE NEWSWIRE) — The Business Development Bank of Canada (BDC), the bank for Canada’s entrepreneurs and the country’s only development bank, published its 2025 Annual Report, highlighting how it is helping reverse the decline of entrepreneurship in Canada.  “The core of BDC’s mission is to generate positive impacts to Canada’s economy, […]

Economics

2 w. ago Bank of Canada could start cutting rates again as tariffs wallop economy, say economists

GDP data shows economy reversed course in the second quarter

Economics

2 w. ago National Bank brings on first batch of Canadian Western Bank clients after takeover

National Bank of Canada says it moved the first batch of clients from newly acquired Canadian Western Bank onto its platform this month, a key milestone as the Montreal-based bank continues to integrate the $5-billion acquisition that closed earlier this year. “The next waves are planned over the upcoming months and the majority of clients […]

Society

2 w. ago Royal Bank maintaining ‘prudent posture’ amid trade uncertainty, economic resilience

The chief risk officer at Royal Bank of Canada says the money it sets aside for potential loan losses is expected to remain elevated for the next few quarters as trade tensions persist, though the economy is showing signs of resilience. “In the ongoing uncertainty this quarter, we have maintained our prudent posture and retained […]

Economics

2 w. ago Royal Bank reports Q3 profit rose to $5.4 billion, revenue also up

TORONTO — Royal Bank of Canada reported a third-quarter profit of $5.4 billion, up from $4.5 billion in the same quarter last year. The bank says the profit amounted to $3.75 per diluted share for the quarter that ended July 31, up from a profit of $3.09 per diluted share a year earlier. Revenue totalled […]

Economics

2 w. ago RBC Beats Earnings Estimates on Growth Across Its Biggest Units

Royal Bank of Canada beat estimates on strong performance across its biggest businesses and as the firm set aside less money than expected to cover possible loan losses, a rebound from notable misses on credit earlier this year.

Other

2 w. ago Bank of Canada’s Macklem says housing affordability to become more of a focus in mandate review

'Cost of housing affects inflation,' says governor in speech Tuesday in front of Mexico's central bank in Mexico City

Other

2 w. ago Bank of Canada to Study Core Inflation Measures, Keep 2% Target

The Bank of Canada plans to keep its 2% inflation target, but is examining the best ways to measure core inflation and how to factor housing costs into its monetary policy decisions.

Economics

3 w. ago Federal union launches campaign denouncing cuts at CRA call centres

OTTAWA — The federal union representing workers at the Canada Revenue Agency has launched an online campaign denouncing staffing cuts. Marc Briere, national president of the Union of Taxation Employees, said the loss of about 3,300 call centre employees in the last year has resulted in delays, long wait times and dropped calls. He claimed […]

Other

3 w. ago Employee protests lead to 18 arrests as Microsoft reviews work with Israel’s military

Police officers arrested 18 people at worker-led protests at Microsoft headquarters Wednesday as the tech company promises an “urgent” review of the Israeli military’s use of its technology during the ongoing war in Gaza. Two consecutive days of protest at the Microsoft campus in Redmond, Wash., called for the tech giant to immediately cut its […]

Events

3 w. ago Canada isn’t in a housing slump — Ontario is, RBC analysis shows

Ontario’s lag in housing construction was at 'the root of the housing crisis' in Canada, new analysis by the Royal Bank of Canada shows.

Other

3 w. ago Cooler inflation could set stage for Bank of Canada rate cut

Watch: Economists say there are signs that core inflation is losing upward momentum

Economics

3 w. ago Inflation reading won’t ‘move the needle’ for Bank of Canada, says economist

Still a lot of data to come before the central bank's September decision

Economics