Inflation in Canada and around the world has been coming down. The Bank projects that inflation will stay around 3% for the next year, returning to the...
The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Glo...
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and the Bank of Canada’s Monetary...
Set to become a $20-billion taxpayers’ headache and an expensive option for exporters A Canadian pipeline hailed as a cheap and speedy way to send oil to Asia is set to become a $20-billion taxpayers’ headache and an expensive option for export...
Hike tomorrow could put prime rate at 7.2 per cent, the highest in 22 years We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: How ano...
Extreme heat is akin to heart disease for EV batteries, or a mellow and slow-moving form of cancer Consider it ironic, or at least a little poetic: Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s a par...
More Canadians likely to declare bankruptcy, saving for retirement pushed to back burner Having exhausted their savings, Canadians are now struggling on a series of financial fronts, according to latest reading from an ongoing poll that is bein...
The stock market started the week on a cautious note, with traders awaiting key inflation gauges, a slew of Federal Reserve speakers and the beginning of the U.S. earnings season. Following a three-day slide in the S&P 500, the equity benchmark fluctuated...
Medical device companies suffered a slow period amid the pandemic as hospitals battled with COVID-19, but now, these manufacturers stand to benefit from pent-up demand, one portfolio manager says. Speaking with BNN Bloomberg’s Amber Kanwar on Monday, Rob M...
Canada's main stock index ticked lower Monday, weighed down by losses in telecom and utility stocks, while U.S. stock markets rose. The S&P/TSX Composite Index was down 8.59 points, or 0.04 per cent, at 19,822.45. In New York, the Dow Jones Industrial A...