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Bank of Canada

Banks lower prime rates to 5.95% after Bank of Canada move

TORONTO — Canadian financial institutions say they are lowering their prime lending rates to match the decrease announced by the...

Canadian dollar hits 11-week low on ‘aggressive’ Bank of Canada

By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened to an 11-week low against its U.S. counterpart on Wednesday...

BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

OTTAWA — The Bank of Canada claimed victory against high inflation on Wednesday as it delivered a supersized interest rate...

Canada central bank officials speak after rate cut

TORONTO (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%,...

Fourth straight interest rate cut may not bring buyers back to the market just yet

TORONTO — While the Bank of Canada's fourth straight cut to its key interest rate could inspire potential homebuyers to...

TSX futures slip ahead of BoC rate decision

(Reuters) - Futures tied to Canada's main stock index fell on Wednesday, hurt by crude prices, ahead of the Bank...

TSX futures fall amid focus on Wall Street earnings, BoC rate decision

(Reuters) - Futures tied to Canada's main stock index fell on Tuesday, mirroring Wall Street peers, as investors kept their focus on U.S. corporate...

TSX futures steady ahead of BoC’s rate decision week

(Reuters) - Futures tied to Canada's main stock index were flat on Monday, following last week's rally, as investors awaited the Bank of Canada's...

With inflation below target, BoC expected to deliver supersized rate cut this week

OTTAWA — Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half...

S&P/TSX composite index rises more than 100 points Thursday, U.S. stock markets mixed

TORONTO — Canada's main stock index rose more than 100 points Thursday, led by gains in energy stocks, while U.S. markets were mixed.Tech stocks...

Canadian dollar outperforms G10 peers amid US election uncertainty

By Fergal SmithTORONTO (Reuters) - The Canadian dollar rose against its U.S. counterpart on Wednesday as investors judged that much of the Bank of...

TSX futures edge up on higher metal prices

(Reuters) - Futures for Canada's main stock index rose on Wednesday, driven by gains in metal prices, as domestic economic data and quarterly earnings...

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