3 d. ago Santander Wins Canadian Banking License Amid Push Into Americas

Banco Santander SA has won a Canadian banking license as it continues its expansion across the Americas.

Other

7 d. ago Mulvihill Canadian Bank Enhanced Yield ETF Announces Year End Results

TORONTO, March 28, 2025 (GLOBE NEWSWIRE) — (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2024. Increase in net assets attributable to holders of units amounted to $27.25 million or $2.00 per unit. As at December 31, 2024, net assets attributable to holders […]

Other

8 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

1 week ago CIBC signs federal government’s code of conduct for generative AI

CIBC says it has signed on to the federal government’s voluntary code of conduct for generative artificial intelligence. It says it is the first major Canadian bank to sign the code. CIBC introduced several generative AI pilot programs last year. Dave Gillespie, CIBC’s executive vice-president for infrastructure, architecture and modernization, says the bank is reinforcing […]

Politics

2 w. 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

2 w. ago U.S. produce floods B.C. food bank amid ‘buy Canadian’ tariff pushback

Nanaimo's Loaves and Fishes Community Food Bank says it saw a surge in donations of U.S. produce last month amid threats from U.S. President Donald Trump.

Economics

2 w. ago Francis enjoys solid start, Santander drives in 3 as Blue Jays beat Rays

DUNEDIN, Fla. — Bowden Francis earned a win with by far his best outing this spring, Anthony Santander drove in three runs, and the Toronto Blue Jays beat the Tampa Bay Rays 4-1 on Thursday. Francis, who entered the game with a 9.00 ERA, pitched 4 1/3 innings of no-hit ball until giving up a […]

Culture

2 w. 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

3 w. ago Poilievre Takes Shot at Carney’s Record, Saying He Failed at Bank of England

Canadian Conservative Leader Pierre Poilievre said Mark Carney should have been fired when he was governor of the Bank of England, arguing that the new Canadian prime minister’s economic record isn’t as strong as he presents it.

Sport

3 w. ago Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now

There are voices in the investor community who think tariffs will win out over inflation, making more rate cuts likely

Economics

3 w. ago Status of Northvolt’s Quebec battery plant unclear amid parent company’s bankruptcy

MONTREAL — It’s unclear whether Northvolt North America’s electric vehicle battery plant project in Quebec will proceed after its parent company filed for bankruptcy in Sweden on Wednesday. The manufacturer’s Canadian subsidiary says Northvolt AB underwent an “exhaustive effort … to secure a viable financial and operational future” but was ultimately unsuccessful. Northvolt North America […]

Economics

3 w. ago Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

OTTAWA — The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy. Economists polled by Reuters widely see the central bank lowering its key lending rate to 2.75 per cent, which would mark its seventh consecutive cut. The decision comes as a […]

Economics

4 w. ago Canadian retailer Hudson’s Bay prepares to file for bankruptcy

Founded in 1670, Hudson's Bay has been penalized by years of rising inflation, as have other chains that sell non-essential products

Other

4 w. ago Canadian bank CEOs received pay increases in 2024 — except for these two

Majority of Big Six leaders rewarded for meeting financial targets

Other