Before the Great Depression of the 1930s, the scattered and mainly rural population of Canada didn’t need a central bank. At that time, a small number of banks established branches in multiple ...

The statement of assets and liabilities presented in the tables follows in general the form presented in the Bank of Canada Act. In compliance with the 1991 Bank Act, the statutory requirement on ...

Mark Carney is a newcomer to elected politics, with decades of experience in finance. After his landslide victory, he pledged ...

OTTAWA, March 12 (Reuters) - The Bank of Canada trimmed its key policy rate ... Editing by Mark Porter Covers Canadian political, economic and general news as well as breaking news across North ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

Canada’s trade war with the United States has forced policymakers to be “less forward-looking” than normal, according to Bank of Canada governor Tiff Macklem, who acknowledged trade uncertainty will ...

The Bank of Canada cut its policy interest rate by a quarter percentage point to 2.75 per cent and warned of an economic downturn amid a trade war with the United States. This is the seventh ...

OTTAWA—The Bank of Canada on Wednesday cut its main interest rate by a quarter point to help offset the damage from the U.S.-Canada trade conflict, while also tempering expectations for deeper ...

The Bank of Canada has trimmed its key policy rate by 25 basis points to 2.75 percent and raised concerns about inflationary pressures and weaker growth stemming from trade uncertainty and ...