Top Results For: BANK OF CANADA

The Bank of Canada has held its key interest rate unchanged for about a year, but some economists expect rates to begin increasing again as early as next week.

The Bank of Canada hiked interest rates by 0.25 per cent on Wednesday to 2.5 per cent, marking the first change to its benchmark in a year and the first increase in three years.

In 2025, Canada’s population growth slowed to 0.5 per cent – the slowest rate of growth in more than a century after 150 years of steady growth.

The U.S. Federal Reserve hiked interest rates for the first time in three years on Wednesday, and several economists say this could add pressure on the Bank of Canada.

One in five food banks across Canada are reportedly running out of food before meeting the needs of all their clients, a new report by Food Banks Canada says.

Monetary policymakers at the Bank of Canada use the policy rate to keep a lid on inflation and support economic growth when prices are contained.

This is the first Canadian paper currency to feature King Charles III, whose image replaces that of his mother, the late Queen Elizabeth II.

The concern revolves around private credit, which doesn't have a universal definition but broadly involves businesses taking out loans from non-bank lenders.

The Bank of Canada is carefully watching the rise of an alternative credit model that has Canadian investors and banks exposed to half a trillion dollars of loans.

Some of Canada's biggest banks say they are now banning AI agents, like Meta's Muse, while others are taking initial steps to limit them.

The two countries will "work in close partnership" on investment opportunities and challenges, according to a joint media statement.

The ban was brought in by the Liberals in 2022 to keep foreign investors out of housing markets increasingly out of reach for Canadian buyers.

As Canada slowly progresses on implementing open banking, what was initially perceived as a risk to the big banks could also present an opportunity for them, experts say.   

While Wednesday's hike is less significant than those that followed the pandemic, experts say people who are already struggling to make ends meet will feel the burden first.

U.S. President Donald Trump on Tuesday said he backed the idea of a U.S. diesel export ban as a way to lower prices for Americans, which experts say may backfire.

The bulk of the money is a $219-million loan from the Canada Infrastructure Bank to extend the life of the province's largest hydroelectric dam.

A U.S ban on imports of Canadian alcohol, as well as some dairy products and motorcycles is set to go into effect tonight, marking the latest escalation in the trade war.

While the majority of Albertans opted to stay in Canada, the referendum highlighted grievances towards the federal government that go back nearly a century. 

The annual pace of inflation rose to 3.1 per cent in September as war in the Middle East continued to drive up gas prices, Statistics Canada said Monday.

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