Search: “Bank of Canada”

Bank of Canada Shuts Down Xtm Payment Operations as Edmonton Customers Report Missing Funds

The Bank of Canada suspended Xtm Payment Solutions' licence after hundreds of Alberta customers reported missing funds...

Bank of Canada Overhauls Inflation Strategy as Economic Shocks Mount

Bank of Canada deputy governor says the central bank is reconsidering its inflation approach as persistent economic...

Bank of Canada deputy admits central bank miscalculated pandemic inflation persistence

Calgary Housing Market Shows Signs of Cooling as Interest Rate Cuts Stall

Calgary's housing market is cooling as buyers pause amid uncertainty over Bank of Canada interest rate policy, with...

Bank of Canada Shuts Down Toronto FinTech as Edmonton Customers Report Missing Funds

Bank of Canada orders Toronto FinTech XTM to cease payment operations as Edmonton subsidiary customers report missing...

Oil Price Surge From Iran Conflict Threatens Canadian Jobs and Inflation

Economists raise Canadian inflation forecasts to 2.4% and unemployment to 6.7% as Iran conflict drives oil prices...

Bank of Canada Holds Interest Rate Steady Amid Housing Market Uncertainty

The Bank of Canada has held its benchmark interest rate steady at 3.25%, citing mixed economic signals and ongoing...

Mark Carney Wins Liberal Leadership and Becomes Canada's 24th Prime Minister

Former Bank of Canada governor takes helm of governing party as snap election looms.

Bank of Canada Pauses Rate Hikes as Economy Shows Signs of Cooling

Central bank holds overnight rate at 4.5 per cent after fastest tightening cycle in decades.

Bank of Canada Raises Interest Rates in Aggressive Move to Fight Inflation

Overnight rate jumps to 3.25 per cent as mortgage holders brace for higher payments.