3 h. ago Policymakers still unsure where Bank of Canada rate should land

Some members of the governing council said there should not be any further rate relief

Events

3 h. ago Bank of Canada Weighed Cut In July, Opted to Wait for More Data

The Bank of Canada considered cutting interest rates at its last meeting, but trade uncertainty and sticky core inflation compelled officials to hold borrowing costs steady.

Other

47 h. ago FIFA wants 6,000 Canadian World Cup volunteers. Why not just pay them?

Patrick Johnston: FIFA says they need 6,000 volunteers for the 2026 World Cup in Canada. They've got $3 billion in the bank

Other

53 h. ago Financial market expects Bank of Canada interest rate to fall to 2.25% by year

Central bank survey finds only 35% chance of recession

Other

5 d. ago ‘Worst jobs reading in three years’ raises odds of Bank of Canada rate cut next month

Canada shed 41,000 jobs in July, the worst showing since January 2022

Other

5 d. ago Canada’s Mboko completes fairytale run with National Bank Open title

Victoria Mboko became the third Canadian to win the hometown tournament in the Open Era, joining Bianca Andreescu in 2019 and Faye Urban in 1969.

Society

5 d. ago Canadian teen Victoria Mboko completes dream run in Montreal with first WTA Tour title

MONTREAL — She’s a rising star, a fighter — and now, a champion. Victoria Mboko did it again on Thursday night, rallying back through the pain of a wrist injury to defeat four-time Grand Slam winner Naomi Osaka 2-6, 6-4, 6-1 in the National Bank Open final, capping a fairytale run that fans across Canada […]

Other

6 d. ago RBC to partner with new defence bank that could help Canada meet its NATO target

Will work alongside some of the world’s biggest lenders including JPMorgan to help create defence bank

Events

6 d. ago Canada’s Mboko continues dream run against Osaka in National Bank Open final

Victoria Mboko will take centre court once again in tonight’s National Bank Open final.

Society

6 d. ago Dan Illouz: Canada should recognize Israeli sovereignty over the West Bank, not a Palestinian state

Affirming Israel's legal rights would be an honest step towards peace

Other

7 d. ago IMF warns of rising risks in Canada’s financial system despite bank resilience

Rising household debt, mortgage renewals and gaps in oversight could expose vulnerabilities in the years ahead, report says

Other

8 d. ago Canada’s Top Indigenous Bank Raises Funds as Loan Demand Grows

First Nations Bank of Canada kicked off an equity increase of as much as C$50 million ($36 million), seeking to offer more loans to Indigenous firms as they accelerate business development across the country.

Economics

9 d. ago Canada’s economy is showing ‘resilience’ against U.S. tariffs. Why?

OTTAWA — “Some resilience” — those were the two words Bank of Canada governor Tiff Macklem used last week to describe how the Canadian economy is holding up under the weight of U.S. tariffs. Just a few days later, U.S. President Donald Trump added 35 per cent tariffs on Canadian goods to a running tally […]

Economics

3 w. ago Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Outlook survey The Bank of Canada will release its second-quarter issue of its business outlook survey and Canadian survey of consumer expectations on Monday morning. The pair of reports come ahead of the central bank’s interest rate announcement and […]

Economics

3 w. ago Here’s why the Bank of Canada could be done cutting interest rates for now

After a quarter-point cut in March, the Bank of Canada held its benchmark interest rate steady at 2.75 per cent in April and June.

Other

3 w. ago Why the Bank of Canada could be done cutting its policy rate for now

OTTAWA — The Bank of Canada has largely kept to the sidelines as it tries to get a sense of how U.S. tariffs will impact the economy — and some economists think it might just stay there. After a quarter-point cut in March, the central bank held its benchmark interest rate steady at 2.75 per […]

Events

3 w. ago CIBC Overtakes Scotiabank in Market Value After Stock’s 47% Run

Canadian Imperial Bank of Commerce has inched past Bank of Nova Scotia in market capitalization to become Canada’s fourth-most valuable bank, as investor sentiment shifts in favor of lenders with more exposure to the domestic market.

Economics

3 w. ago New report says Ottawa to blame for higher consumer prices after spending splurge

Trudeau government’s spending, not Bank of Canada interest rate policies, deemed largely responsible for soaring inflation during pandemic

Economics

3 w. ago Bank of Canada, Crown corporations set to align with Liberal cost

OTTAWA — The Bank of Canada and most other federal Crown corporations will be looking to trim their budgets alongside a wider government effort to cut costs. A spokesperson for the Bank of Canada confirms the central bank will “align” with the Liberal government’s plans to carve out savings of 15 per cent in departments’ […]

Economics

4 w. ago 60% of Canadians renewing mortgages could see payments go up by 2026

According to Bank of Canada analysis, 60 per cent of mortgage holders renewing in 2025 and 2026 are expected to see a payment increase.

Events