Top Results For: bank of canada

The Bank of Canada is holding its key interest rate at 2.25 percent. Mortgage broker Angela Calla breaks down what the rate hold means for homeowners, and where fixed and variable mortgage rates could go from here.

At a press conference on Wednesday, the Bank of Canada held its key interest rate at 2.25 per cent Wednesday, as it weighs rising inflation risks against renewed uncertainty from the Canada-U.S. trade war. Governor Tiff Macklem warned new U.S. tariffs could threaten the durability of Canada’s economic rebound, even as businesses and workers adapt...

Amid growing trade tensions with the U.S. and the ongoing war in the Middle East, Canada’s central bank held its key lending rate at 2.25 per cent while warning of risks to both growth and inflation. Jacqueline Hansen has more.

Canadian businesses are exposed to an estimated half a trillion dollars in private credit loans according to the Bank of Canada, which is raising concerns over the rapid growth of alternative credit model.

Metro Vancouver employment is expected to decline this year, but the Bank of Canada doesn’t make a change for their latest interest rate decision. BIV’s Tyler Orton has your business news.

Canadian unions are pushing back against proposed federal labour code changes that would introduce new restrictions on the right to strike. Canadian Labour Congress president Bea Bruske joins Global News Morning to explain the changes and her concerns.

Canada’s central bank left its key lending rate unchanged at 2.25 per cent on Wednesday, saying the economy is picking up and inflation is expected to ease. However, uncertainty around the war in Iran remains a risk the bank is watching closely. Jacqueline Hansen has more.

Bank of Canada Governor Tiff Macklem announced the country’s central bank held its benchmark interest rate unchanged at 2.25 per cent on Wednesday. Macklem had this to say when asked about the economic impacts of the ongoing war: “The longer oil prices stay high, the bigger is the risk that that begins to spill over...

Another European country is pulling a portion of its gold reserves out of North America. The Netherlands has mainly removed gold reserves from the U.S., as the country remains at the centre of diplomatic and military conflicts. Candice Cole has more on what it means, and why you don’t need to hit the panic button...

Canada has joined the U.K., France and nine other nations in announcing plans for sanctions on illegal Israeli settlements in the occupied West Bank. Redmond Shannon explains why these countries are now taking action, and how Israel is retaliating.

During the trophy ceremony for the Irish Open on Sunday, U.S. President Donald Trump revealed tariffs on Irish whiskey would soon be removed. The president’s announcement was drowned out by cheers from an Irish crowd before he even finished his sentence. The decision comes even as tariffs remain in place on several countries, including the...

Back-to-school season is right around the corner and for some families, there may be added financial pressure to make sure their kids are prepared with the necessary school supplies. Heather McDonald, President and CEO of United Way Greater Toronto, joins Jaden Lee-Lincoln to discuss what students are most in need of and where you can...

Canada’s organization for progressional graphic designers has created a unique mark to distinguish the work of artists from that of artificial intelligence, which is increasingly used in creative industries. As Heidi Petracek explains, it’s part of a larger pushback against ‘AI slop’.

Curtis Wright may have been born in Edmonton, but he’s been a permanent resident of the U.S. for 25 years after moving to Texas in his youth. He’s lived an average American life for years, working in oil and gas and building a family. But that all changed in November 2025, when a misdemeanor charge...

A new report from Children First Canada ranks online harms as the top threat facing children in Canada. Founder and CEO Sara Austin joins Global News Morning to discuss the findings, what’s driving the risks and what can be done to better protect children online.

Financial market odds of an interest rate hike by the Bank of Canada this year have increased — though some economists aren’t convinced. Earlier this week, the U.S. Federal Reserve raised interest rates for the first time in three years in an attempt to tackle inflation. That story and more in Business Matters for Sept....

There is divide across the globe as Canada and France – in solidarity with the United Kingdom – have announced a trade ban on goods from Israeli settlements in the occupied West Bank.

Just one day after announcing retaliatory, dollar-for-dollar import duties on U.S. goods, the Government of Canada has decided to remove counter-tariffs on seafood and fish products from its long list of goods to be impacted. Heidi Petracek reports on the federal government’s hasty decision to walk those levies back.

At a press conference on Thursday, Bank of Canada Governor Tiff Macklem unveiled Canada’s new vertical $20 banknote, the first Canadian bill to feature King Charles III. Macklem spoke about the historic significance of the new design and its advanced anti-counterfeiting features, saying, “Bank note security is critical for Canadian consumers and businesses and for...

The Bank of Canada has unveiled the new vertical $20 bill featuring King Charles III. Charles replaces his mother, the late Queen Elizabeth II – who died in 2022 – on the bank note. This marks the first Canadian paper currency to feature King Charles — whose profile has already been on Canadian coins since...