Old Ottawa bread factory, home to arts collective, in line for heritage designation
Published 3 hours ago
Ottawa's built heritage subcommittee also recommended pursuing heritage designation for the Ottawa Tennis and Lawn Bowling Club in Old Ottawa South and the Traders Bank of Canada building in Vars.
Bank of Canada holds interest rate at 1.75% as global trade conflicts cause uncertainty
Published December 4, 2019 10:44 am
The central bank's overnight rate target has been set at 1.75 per cent since October of last year.
Economy ‘resilient’ despite trade war uncertainty: Bank of Canada
Published December 5, 2019 6:09 am
Unlike many other central banks, the Bank of Canada has not moved to lower interest rates to support growth in response to global economic weakness.
Bank of Canada governor Stephen Poloz to step down in 2020
Published December 6, 2019 10:15 am
The central banks said its board of directors has begun the search for his successor.
Saskatoon Food Bank sets ‘big’ holiday season goals
Published December 9, 2019 12:48 pm
The Saskatoon Food Bank is raising $500,000 to support programs and services it provides in the city.
Bank of Canada holds rate at 1.75%, says Canada’s ‘resilience’ will be ‘tested’
Published October 30, 2019 9:03 am
Unlike other advanced economies, Canada is not cutting interest rates just yet. But our resilience in the face of a slowing global economy will be 'increasingly tested,' the central bank said.
Bank of Canada’s next update could affect federal election
Published August 23, 2019 3:13 pm
Since the bank's most-recent public comments in early July, there's mounting evidence of a slowing global economy mostly due to the escalating U.S.-China trade war
Bank of Canada lowers rate used in mortgage stress test, making it easier to qualify
Published July 19, 2019 11:28 am
The central bank's five-year benchmark qualifying rate is now 5.19 per cent, down from 5.34 per cent.
Bank of Canada is unlikely to follow expected U.S. Fed interest rate cut, experts say
Published July 31, 2019 6:00 am
One thing appears certain -- Bank of Canada governor Stephen Poloz and his team will dissect the Fed's explanation behind the decision.
Bank of Canada says it will lie low to avoid impacting federal election campaign
Published September 21, 2019 9:36 am
The central bank says it wants to avoid making any possible impact -- or the appearance of an impact with a gap of almost two months in scheduled news conferences or speeches by the bank's senior figures.
Bank of Canada holds key interest rate at 1.75%, downgrades economic forecast
Published April 24, 2019 6:25 am
In its announcement today, the central bank removed any mention of a need for future interest rate increases.
Bank of Canada holds rates at 1.75% with no hint about future moves
Published September 4, 2019 9:21 am
Canada's central bank said the economic damage from the U.S.-China trade war is worse than expected but did not mention the possibility of a future rate cut.
Bank of Canada flags climate change as ‘vulnerability’ in annual report card
Published May 16, 2019 10:03 am
The Bank of Canada is highlighting its growing concerns about the challenges of climate change for the economy and the financial system.
Worsening of trade war would deliver a ‘complex shock’ to the economy: Bank of Canada
Published September 5, 2019 11:30 am
Economic growth has been accelerating, but uncertainty over trade is already taking a toll, Bank of Canada deputy governor Lawrence Schembri said.
Bank of Canada delivers another hike, key interest rate rises to 1.5%
Published July 11, 2018 6:10 am
It's the fourth increase since last summer, but economists expect a lull before the next rate move.
Bank of Canada keeps key interest rate steady at 1.75%
Published July 10, 2019 9:29 am
Despite Canada's rebounding growth, the central bank remains concerned about global trade tensions.
Bank of Canada leaves interest rate unchanged at 1.75%
Published December 5, 2018 10:12 am
Bank of Canada leaves its key rate unchanged, as expected, at 1.75 per cent.
Bank of Canada holds interest rates steady, but October hike looms
Published September 5, 2018 9:54 am
Canada central bank said it is 'monitoring closely' the ongoing NAFTA talks but added that higher interest rates 'will be warranted.'
Bank of Canada raises interest rate to 1% – and that’s not the end of it, economists say
Published September 6, 2017 9:12 am
The move raises borrowing costs for Canadians on anything from mortgages to lines of credit.
Government to phase out $1,000 bill and several older banknotes as legal tender
Published February 28, 2018 10:45 am
Some of the bills affected date back to the 1930s, and they're still out there and considered legal tender.
Bank of Canada keeps interest rate at 1.25% but likely to hike later this year
Published April 18, 2018 9:01 am
The next hike could come as soon as July, according to CIBC.
How to check if you have unclaimed money in a Canadian bank
Published March 20, 2017 8:07 pm
At the end of last year, the Bank of Canada was holding approximately 1.8 million unclaimed balances worth $678 million.
Cyberattacks top concern for Bank of Canada boss amid rapidly changing tactics
Published October 26, 2017 4:46 pm
Of all the economic fears that could keep Stephen Poloz awake at night, the threat of a cyberattack is perhaps the one that troubles him the most.
New mortgage rules could shut out 10% of low-ratio homebuyers: Bank of Canada
Published November 28, 2017 2:28 pm
Central bank sees small improvements in household debt and housing market risks, flags concerns on cyber threats.