While inflation has come off its peak, it remains too high. As the economy responds to higher interest rates and as the effects of elevated commodity pr...
The Bank of Canada today increased its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is also continuing its policy of quantitative tightening. In...
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and the Bank’s Monetary Policy Re...
New poll shows Canadians are more than three times more likely to agree with the oil and gas industry than Ottawa Over the past decade, many European nations grew dependent on Russia for their oil and natural gas needs. How unwise this was Vlad...
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Kevin Carmichael:...
Royal Bank, CIBC, TD, Laurentian and more raise rate Canada’s commercial banks began announcing hikes to their prime rate Wednesday after the Bank of Canada raised its key interest rate by half a percentage point. We ap...
The half-point hike surprised markets We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has f...
Corporate credit conditions are worsening, with the last of three key measures now “flashing red,” according to a traffic-light system used by Janus Henderson Investors. The outlook for cash flow and earnings was downgraded from amber in the third quarter,...
One of Wall Street's most vocal bears is doubling down on his short-term bullish call on equities a week after his initial view was met with skepticism by clients. Morgan Stanley's Michael Wilson sees stocks grinding higher as markets transition to expecta...
U.K. bonds surged after Rishi Sunak emerged as the frontrunner to become prime minister, a candidate investors expect will restore credibility to economic policy making and help calm the nation's rattled markets. Short-dated notes led the rally, sending th...