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, according to a regulatory ...

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.

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 association has over 100 members, including the Bank of Canada. In addition, the BOC is about to step up the supervision of retail payments under the Retail Payment Activities Act of 2021.

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 board of Royal Bank of Canada has announced that it will be paying its dividend of CA$1.54 on the 22nd of August, an increased payment from last year's comparable dividend.This takes the ...

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: ...

Canada says it will freeze the bank accounts of truckers who continue to form "Freedom Convoys." On Monday, Prime Minister Justin Trudeau declared a national emergency to combat the protests.