Search: “Bank of Canada”

Bank of Canada Holds Rates Steady at 2.25% — What It Means for Your Wallet

Bank of Canada holds rates at 2.25% for the fourth time. Oil price volatility continues to shape Canadian monetary...

Bank of Canada Pauses Rate Changes as Oil Surge and US Trade Tensions Create Economic Crossroads

Bank of Canada holds rates steady at 2.25% as surging oil prices and US trade tensions create economic uncertainty....

Bank of Canada Holds Rate Steady as Oil Crisis and U.S. Tariffs Create Economic Crossroads

Bank of Canada expected to hold rates steady at 2.25% as Middle East oil shocks and U.S. tariffs create economic...

Central Banks Hold Steady as Energy Crisis Looms: What This Means for Canadian Borrowers

Canada's central bank joins global peers in pausing rate decisions this week amid geopolitical tensions threatening...

Global Central Banks Hold Steady as Energy Concerns Loom

Global central banks pause rate decisions this week while monitoring energy prices and geopolitical risks. The Fed,...

Bank of Canada More Likely to Cut Rates Than Raise Them, TD Economist Says

TD economist sees Bank of Canada more likely to cut rates than raise them, citing Canada's resilient economy and...

Canadian Dollar Losing Its Oil Connection—What It Means for Your Wallet

The loonie's traditional link to oil prices is breaking down. Here's why currency traders are betting against the...

Parent Co-Signing Mortgages Hits Record High in Canada—Here's What It Means for Your Family

Nearly 1 in 10 Canadian first-time homebuyers now rely on parental co-signing—up from 4% in 2004. Bank of Canada...

Oil Price Spike Won't Trigger 2022-Style Inflation Surge, RBC Warns

RBC economists say oil price spikes won't repeat 2022's inflation crisis thanks to weaker demand and stable supply...

Bank of Canada Convenes Financial Sector Over AI Cybersecurity Threat

Bank of Canada and major Canadian banks convene urgent meeting on AI cybersecurity threats posed by advanced artificial...

Bank of Canada Convenes Emergency Meeting With Major Lenders Over AI Cybersecurity Threats

Canada's Bank of Canada and major lenders meet over AI cybersecurity risks as regulators assess threats to financial...

Bank of Canada Balances Iran War Concerns with Broader Economic Risks

Bank of Canada officials agreed to maintain steady interest rates while balancing Iran war inflation risks against...

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