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Bank of Canada

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October inflation a ‘disappointment’ for the Bank of Canada ahead of December rate decision

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Canada's annual inflation rate rose two per cent in October, a setback for the Bank of...
Bussiness

Canada’s annual inflation rate rises to 2% in October

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TORONTO (Reuters) - Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less...
Bussiness

TSX futures boosted by metal; CPI data, US earnings in focus

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(Reuters) - Futures tied to Canada's main stock index rose on Monday, supported by metal prices, as investors looked forward...
Bussiness

National home sales surge in October after previous month’s supply bump: CREA

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The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a...
Bussiness

‘More of the same’: Jobless rate holds steady at 6.5% in October amid weak hiring

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OTTAWA — The Canadian job market posted another weak hiring month in October as employers added a modest 15,000 jobs,...
Bussiness

Canadian dollar falls as jobs miss keeps jumbo rate cut in play

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By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday as oil prices fell...
Jobs

Canada jobs reaction: Bets in money markets now favour another jumbo rate cut in December

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Traders in money markets are now putting significantly higher odds that the Bank of Canada will deliver another large 50 basis point rate cut...
Bussiness

TSX futures surge more than 1% after Trump’s election victory

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(Reuters) - Futures linked to Canada's main stock index climbed more than 1% on Wednesday, bolstered by positive market sentiment...
Bussiness

Toronto home sales in October rise at fastest pace this year, new listings fall

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OTTAWA (Reuters) - Home sales in the Greater Toronto Area, the biggest urban region in Canada, rose sharply in October...
Bussiness

Bank of Canada worried jumbo rate cut would signal ‘economic trouble,’ deliberations show

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Bank of Canada governing council members expressed concern that a 50-basis-point cut in October would signal “economic trouble” and worried...
Bussiness

BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

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OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point...
Bussiness

Bank of Canada members do not see need for interest rate to be as restrictive, minutes show

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OTTAWA, Nov 5 (Reuters) - The Bank of Canada's governing council felt its key borrowing cost was not needed to...
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