Formulating monetary policy and promoting a stable financial system are the primary mechanisms through which the Bank of Canada influences the national economy. As the country’s sole issuing authority ...

While high oil prices could lead the central bank to hike rates in the future, trade tensions with the U.S. might require rate cuts to support the economy, Bank of Canada Governor Tiff Macklem ...

Canada’s banks have fortified their financial position over the past year and would be able to lend to customers should the ...

OTTAWA—Market participants expect the Bank of Canada’s policy rate to end 2025 at 2.25%, or a half-point lower than its current level, as the central bank treads carefully with inflation above its 2% ...

OTTAWA, May 20 (Reuters) - Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the ...

The Bank of Canada is warning that the country’s labour market is undergoing a structural change, creating a “low-hire, low-fire” environment that makes it more difficult to conduct monetary policy.

OTTAWA — There isn't one particular risk on the horizon that's keeping Bank of Canada officials up at night — it's the range ...

With this latest rate cut Wednesday, we’re starting to see the Federal Reserve’s policy diverge from other central banks around the world. Over the last few days there’s been suggestions from the ...

Abby Xu, an economist at Royal Bank of Canada, said the central bank policymakers will have to consider the possible inflation risk of planned government stimulus, including support measures for ...

Canada’s labour market is changing, but it may take a while for the central bank to identify whether the changes are ...

OTTAWA, July 31 (Reuters) - Canada's economy likely gathered some momentum in the second quarter and surpassed Bank of Canada growth estimates, data showed on Wednesday, as high interest rates failed ...