News

Royal Bank of Canada boosted CEO Dave McKay's 2024 salary by 61% to C$24.5 million ($17.14 million), including a C$4 million bonus related to the HSBC Canada acquisition, ...
Agreement expands Fiserv's Canadian presence and empowers merchants with Clover MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services techno ...
Bank of Canada Governor Tiff Macklem takes part in a news conference after announcing an interest rate decision in Ottawa, Ontario, Canada March 6, 2024. REUTERS/Blair Gable Blair Gable/Reuters Share ...
The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and inflation has picked up steam.
Bank of Canada Gov. Tiff Macklem warned that rate policy ‘cannot offset the impacts of a trade war. What it can and must do is ensure that higher prices do not lead to ongoing inflation.’ ...
Starting in March of last year, the Bank of Canada raised rates eight times, lifting borrowing costs by 4.25 percentage points to wrestle down historically high inflation.
The Bank of Canada will get a look at two inflation reports before its next interest rate decision on July 30. Article content. If inflation shows signs of remaining well contained in those releases, ...
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to ...
The Bank of Canada has good reasons to cut the interest rate back to 2.5 to 3.5 per cent, but this could have a significant impact on the loonie. Canada is facing two sets of trilemmas: ...
As U.S. President Donald Trump applies 50 per cent tariffs to all steel and aluminum imports, the Bank of Canada says it will hold its benchmark interest rate at 2.75 per cent.