Bank Of Canada

1 week ago
*Bank of Canada frets low oil prices. Dec 6- The Canadian dollar fell to a nearly 18- month low against its U.S. counterpart on Thursday, as oil and stock prices declined and investors slashed bets that the Bank of Canada would raise interest rates as soon as January. Expectations for more interest rate hikes in Canada tumbled after Bank of Canada Governor Stephen...
 
1 week ago
Expectations for more interest rate hikes in Canada tumbled on Thursday after Bank of Canada Governor Stephen Poloz said the central bank would need to assess the impact of lower oil prices and as a new threat emerged to U.S.-China trade relations.
www.reuters.com
1 week ago
The negative impacts of low oil prices that have struck Western Canada will reverberate across the entire national economy, the head of the Bank of Canada said at a speech in Toronto Thursday.
www.cbc.ca
 
1 week ago
Canada's main stock index plunged to its lowest level in more than two weeks on Thursday, as oil prices pulled down energy shares, while the Bank of Canada Governor Stephen Poloz predicted that low oil prices would hurt the country's economic growth.
www.reuters.com
 
1 week ago
Canada's main stock index dropped at open on Thursday as oil prices fell over 2 percent and as the Bank of Canada Governor Stephen Poloz said the economy was weaker than forecast and predicted low oil prices would cut growth.
www.reuters.com
1 week ago
The head of the Bank of Canada says the negative impacts of low oil prices that have struck Western Canada will reverberate across the entire national economy.
www.ctvnews.ca
1 week ago
Seniors suffering The number of seniors using food banks is up. In my view, this is due to the Bank of Canada and other central banks driving interest rates to record lows. The reckless, disastrous policy of zero per cent interest rates have led seniors to spend their principal savings because there’s no interest income […]
lfpress.com
 
1 week ago
Canada's main stock index rose on Wednesday in a broad-based rally led by shares of energy companies as oil recouped some of its early losses, while the Canadian dollar weakened after the Bank of Canada held borrowing costs steady in an interest rate meeting.
www.reuters.com
1 week ago
The Bank of Canada has decided to keep its benchmark interest rate right where it is while it digests the impact of its previous policy decisions and the cooling economy.
www.cbc.ca
 
1 week ago
Canada's main stock index opened higher on Wednesday as shares of material and industrial companies gained in early trade and investors awaited the central bank's interest rate decision later in the day.
www.reuters.com
1 week ago
The Bank of Canada is widely expected to leave its benchmark interest rate unchanged at 1.75 per cent today after a 25-basis-point increase at its last setting in October.
www.ctvnews.ca
1 week ago
The Bank of Canada is widely expected to keep interest rates on hold in its monetary policy decision on Wednesday.
www.cbc.ca
1 week ago
Bank earnings season wraps up this week, while the Bank of Canada will be making its latest announcement on interest rates.
www.ctvnews.ca
1 week ago
*Canada's economy grows at 2 percent pace in Q3. TORONTO, Nov 30- The Canadian dollar edged lower against its U.S. counterpart on Friday as investors bet that lower oil prices, and data showing slower economic growth, would trigger greater caution from the Bank of Canada about raising interest rates. At 3:31 p.m., the Canadian dollar was.
2 weeks ago
Royal Bank of Canada has rolled out its robo-adviser platform across the country as demand grows for lower-cost, digital investing options.
www.ctvnews.ca
2 weeks ago
Six4three sucks at redaction: its court filing in its lawsuit against Facebook (previously) was redacted by drawing black rectangles over the text, which can still be copied and pasted to read it. This is a stupid mistake that most people stopped making a decade ago. The unredacted text reveals that in 2012 Facebook planned to market access to its Graph API for $250,000; it also provided access to the API to Nissan and Royal Bank of Canada (these two were previously known to have accessed the API) as well as Chrysler/Fiat, Lyft, Airbnb, and Netflix (these are revealed through the botched redaction). Six4Three lawyer David Godkin has not responded to Ars’ request for comment. But he did file an 18-page document on February 9, 2017, that lambasted the deals with these companies. “In each of these cases, Facebook seems to base its decision to grant or deny these companies an unfair competitive advantage based on its ability to extract payment or other valuable consideration,...
 
2 weeks ago
* Bank forecasts 4-8 bps NIM improvement next year (Recasts, adds comment from CFO, analyst, shares)
www.reuters.com
 
2 weeks ago
Canada's main stock index rose on Wednesday, driven by strong results from Royal Bank of Canada , which helped lift shares of financial sector.
www.reuters.com
2 weeks ago
Royal Bank of Canada reported a 15 per cent increase in fourth-quarter net income to $3.25 billion, surpassing analyst expectations to mark a new record annual profit of $12.4 billion.
www.cbc.ca
 
2 weeks ago
* Q4 net income rises 15 pct to C$3.25 billion (Adds details on divisional performances)
www.reuters.com
2 weeks ago
Royal Bank of Canada reported fourth-quarter net income of $3.25 billion up from $2.84 billion a year ago to mark a new record annual profit of $12.4 billion.
www.ctvnews.ca
 
2 weeks ago
Royal Bank of Canada on Wednesday reported a forecast-beating 17 percent jump in fourth-quarter earnings, helped by growth in its retail banking and wealth management divisions.
www.reuters.com
2 weeks ago
Canada's annual inflation rate remained above the central bank's target for the ninth straight month in October, data showed on Friday, but markets saw few signs the Bank of Canada would hike interest rates next month.
www.cbc.ca
3 weeks ago
OTTAWA, Nov 22- Vulnerabilities in the Canadian housing market are still high despite rising interest rates and tighter mortgage rules, Bank of Canada senior deputy governor Carolyn Wilkins said on Thursday. Wilkins told a housing conference in Ottawa that the vulnerabilities would not disappear quickly given they had been building for a long while.
3 weeks ago
The Bank of Canada released new data that shows stricter mortgage rules along with higher interest rates have helped slow the growth of risky mortgages, but some economists question whether over-leveraged borrowers are turning to the unregulated mortgage market.
www.cbc.ca
4 weeks ago
The Bank of Canada is releasing data today that provides a closer look at just how much stricter mortgage rules and higher interest rates have helped slow the growth of new highly indebted households.
www.ctvnews.ca
November 5th, 2018
The governor of the Bank of Canada says after a decade of low-interest rates around the world the global economy has reached stronger footing where stimulus can be "steadily withdrawn."
www.cbc.ca
November 5th, 2018
The governor of the Bank of Canada says after a decade of low-interest rates around the world the global economy has reached stronger footing where stimulus can be 'steadily withdrawn.'
www.ctvnews.ca
November 2nd, 2018
In an attempt to curb inflation and prevent an overheated economy, the Bank of Canada raised interest rates again this past month. While this move signals steady economic growth, it will inevitably increase the cost of borrowing. For the government of Ontario, interest rate increases pose a significant challenge. Thanks to the fiscal mismanagement of […]
torontosun.com
November 2nd, 2018
TORONTO, Nov 2- The Canadian dollar dipped against the greenback on Friday, retreating from an earlier one-week high, after the release of domestic jobs and trade data that was not strong enough to raise bets for another Bank of Canada interest rate hike next month. Separate data showed that Canada's trade deficit in September shrank to C $416 million as imports...
November 2nd, 2018
OTTAWA, Nov 2- The Canadian economy added jobs in October with a surge in full-time hiring, and the unemployment rate dipped to a 40- year low, underpinning expectations that the Bank of Canada would keep raising interest rates. Doug Porter, chief economist at BMO Capital Markets, said "the underlying story is still one of improvement in the job market," while...
November 1st, 2018
In an attempt to curb inflation and prevent an overheated economy, the Bank of Canada raised interest rates again this past month. While this move signals steady economic growth, it will inevitably increase the cost of borrowing. For the government of Ontario, interest rate increases pose a significant challenge. Thanks to the fiscal mismanagement of […]
torontosun.com
October 31st, 2018
OTTAWA, Oct 31- Canada's economy grew for a seventh month in a row in August, its longest stretch of expansion for more than a year, but analysts said the Bank of Canada was under little pressure to raise interest rates again next month. "So as long we keep getting growth around that 2 percent rate, it still means the Bank of Canada is probably going to continue hiking...
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October 31st, 2018
OTTAWA, Oct 31- Canada's economy grew for a seventh month in a row in August, its longest stretch of expansion for more than a year, but analysts said the Bank of Canada was under little pressure to raise interest rates again next month. The last time the country enjoyed such a long, unbroken streak of growth was during the nine months from November 2016 to July 2017.
October 31st, 2018
TORONTO, Oct 31- Canada's productivity and credit growth face a threat from a flattening yield curve as it makes it less appealing to invest in long-term projects, and lesser still if the Bank of Canada meets its goal of a 3 percent interest rate. The gap between 2- and 10- year yields, a benchmark measure of the yield-curve slope, has slumped in Canada to about 13...
October 30th, 2018
*Bank of Canada's Poloz says more rate hikes will be needed. TORONTO, Oct 30- The Canadian dollar edged higher against its broadly stronger U.S. counterpart on Tuesday, boosted by gains for stocks and as Bank of Canada Governor Stephen Poloz repeated that more interest rates hikes will be needed to keep inflation in check. "USD-CAD is trading tick for tick with...
October 30th, 2018
OTTAWA, Oct 30- Monetary policy in Canada is still stimulative despite an increase in interest rates last week and more hikes will be needed to achieve the Bank of Canada's inflation target, the central bank's chief said on Tuesday. "The appropriate pace of increases will depend on our assessment at each fixed announcement date of how the outlook for inflation...
October 30th, 2018
OTTAWA, Oct 30- Monetary policy in Canada is still stimulative despite an increase in interest rates last week and more hikes will be needed to achieve the Bank of Canada's inflation target, the central bank's chief said on Tuesday.
October 30th, 2018
TORONTO, Oct 30- The Canadian dollar was little changed against its broadly stronger U.S. counterpart on Tuesday, as oil prices declined and ahead of comments by Bank of Canada Governor Stephen Poloz that could offer fresh clues on the outlook for interest rates. The price of oil, one of Canada's major exports, was depressed by concerns that the trade dispute...
October 26th, 2018
This week, the Bank of Canada raised its benchmark interest rate by a quarter point for the fifth time since last summer. It now sits at 1.75%, the highest it's been since December 2008. What that means for Canadians is that their debt is getting more expensive. CBC News is following the impact.
www.cbc.ca
October 26th, 2018
TORONTO, Oct 26- The Canadian dollar slumped to a six-week low against its U.S. counterpart on Friday before paring its decline, as a sell-off in global stock markets offset the boost the loonie got earlier in the week from a Bank of Canada interest rate hike. "This very negative sentiment around equities combined with the fact that you've had this hawkish surprise...
October 25th, 2018
The Bank of Canada says worries persist over U.S. China trade dispute, but the surging U.S. economy could lead to a faster pace of Canadian rate hikes.
www.cbc.ca
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October 24th, 2018
Royal Bank of Canada said on Wednesday Charlie Foster and Andrew Penny from Canaccord Genuity have joined its European real estate team within its investment bank.
www.reuters.com
October 24th, 2018
Royal Bank of Canada said on Wednesday Charlie Foster and Andrew Penny from Canaccord Genuity have joined its European real estate team within its investment bank.
www.reuters.com
October 24th, 2018
*Bank of Canada hikes rate 25 basis points to 1.75 pct. TORONTO, Oct 24- The Canadian dollar strengthened to a one-week high against its U.S. counterpart on Wednesday after the Bank of Canada opened the door to a faster pace of tightening as it raised interest rates, as expected, for the fifth time since July 2017. "The Canadian dollar is reacting to the removal of...
October 24th, 2018
The Royal Bank of Canada, Bank of Montreal, CIBC and TD Canada Trust says they are raising their prime rates by a quarter of a percentage point in the wake of the Bank of Canada's decision to do the same.
www.ctvnews.ca
October 24th, 2018
The Bank of Canada on Wednesday raised interest rates as expected and said it might speed up the pace of future hikes given the economy was running at almost full capacity and did not need any stimulus.
www.reuters.com
October 24th, 2018
OTTAWA, Oct 24- The Bank of Canada on Wednesday raised interest rates as expected and said it might speed up the pace of future hikes given the economy was running at almost full capacity and did not need any stimulus. The central bank, which has now lifted rates five times since July 2017, also hailed the signing of a new North American trade pact it forecast would...
October 24th, 2018
OTTAWA, Oct 24- The Bank of Canada on Wednesday raised interest rates as expected and said it might speed up the pace of future hikes given the economy was running at almost full capacity and did not need any stimulus. The central bank, which has now lifted rates five times since July 2017, also hailed the signing of a new North American trade pact it forecast would...
October 24th, 2018
Canada's main stock index posted a triple-digit decline, led lower by the materials and financial sectors, while the loonie traded higher in the wake of an interest rate hike by the Bank of Canada.
www.cbc.ca
October 24th, 2018
Canada's main stock index fell on Wednesday on weak investor sentiment after Bank of Canada raised benchmark interest rate.
www.reuters.com
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October 24th, 2018
Oct 24- Canada's main stock index fell on Wednesday on weak investor sentiment after Bank of Canada raised benchmark interest rate. *At 10:01 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 62.2 points, or 0.41 percent, at 15,222.97. *Trade uncertainty in North America, which the bank had previously flagged as a major risk to the economic...
October 24th, 2018
OTTAWA, Oct 24- The Bank of Canada on Wednesday raised interest rates as expected and said more hikes would be needed to keep inflation in check, while also hailing a new North American trade pact it forecast would reduce economic uncertainty. Trade uncertainty in North America, which the bank had previously flagged as a major potential risk, will diminish after...
October 24th, 2018
The Bank of Canada has raised its benchmark interest rate by a quarter point for the fifth time since last summer, pushing up the cost of borrowing for Canadians.
www.cbc.ca
October 24th, 2018
Canada's main stock index opened lower on Wednesday as investors braced for an interest rate hike by the Bank of Canada.
www.reuters.com
October 24th, 2018
TORONTO, Oct 24- The Canadian dollar was little changed against its U.S. counterpart on Wednesday, outperforming some other major currencies ahead of an expected interest rate hike by the Bank of Canada. The central bank will announce its policy decision at 10 a.m.. The bank, which sees Canada's economy operating near capacity, has hiked four times since July 2017...
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