Canada’s economic growth picked up at the start of the year, but the results fell short of expectations and follow an extended period of stagnation as...
Money markets are placing significantly higher bets on a Bank of Canada rate cut next week following a softer-than-expected Canadian GDP report this morning as well...
The Bank of Canada is disappointed with the country’s lack of progress toward launching a modernized payments system, a senior bank official said Thursday. Ron Morrow,...
Canada’s job vacancy rate fell in March to its lowest level since before the pandemic, offering fresh evidence the job market is cooling ahead of next...
The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further...
Canadian Imperial Bank of Commerce reported second quarter earnings that beat analyst estimates, helping the lender build on the positive momentum it has established in recent...
Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate —...
Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16-trillion as of February this year, up 3.4 per cent year-over-year and representing...
Open this photo in gallery: Scotiabank is among one of the major Canadian banks to report earnings for the second quarter.CARLOS OSORIO/Reuters Canada’s biggest banks report...
Bank of Montreal reported higher second-quarter profit but missed analysts’ estimates as the lender set aside more money for loans that could default. BMO earned $1.87-billion,...
Investors are starting to bail on high interest savings ETFs, and it’s the right move. Exchange-traded funds holding their assets in big bank savings accounts were...
The Canadian economy gained 90,000 jobs in April, much higher than the average of 20,000 jobs many economists were predicting for the latest Labour Force Survey...