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Bank of Canada

CMHC says risks remain in mortgage market as delinquencies creep up

OTTAWA — Canada's housing agency says risks remain in the mortgage market as over a million contracts are up for...

Inflation is down, rates are dropping. But Canadians remain pessimistic, data show

Canadians’ concerns about the cost of living have proven highly resilient, with negative consumer sentiment still common even as the...

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada The...

Bank of Canada starts registration of payment service providers

OTTAWA (Reuters) - The Bank of Canada on Friday started registering payment service providers as part of a plan to...

StatCan estimates economy grew at annualized rate of 1% in Q3

OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses,...

Shopping for mortgage rates? Keep an eye on the U.S. election – National | Globalnews.ca

Despite an oversized interest rate cut from the Bank of Canada last week, experts who spoke to Global News say Canadians shouldn’t be expecting...

The loonie is trading at lows not seen in years. Here’s what it means for Canadians

TORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined...

Charting the Global Economy: IMF Lowers Global Growth Forecast

(Bloomberg) -- The International Monetary Fund shaved its global growth forecast for next year, citing accelerating risks from wars and...

‘Shock-prone world’ highlights need for productivity: Bank of Canada governor

OTTAWA — Bank of Canada governor Tiff Macklem says the world has become more prone to supply shocks which create...

Bank of Canada may need another big rate cut to adjust for slow growth, economists say

By Promit Mukherjee OTTAWA (Reuters) - The Bank of Canada's annual economic growth forecast is overly optimistic, economists said, and...

TSX futures rise on strength in oil and metal prices

(Reuters) - Futures tied to Canada's main stock index rose on Thursday, aided by higher crude and metal prices, after...

S&P/TSX composite closes down along with U.S. markets on Wednesday

TORONTO — Canada's main stock index closed down Wednesday as the Bank of Canada cut its key interest rate by...

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