Category : Banking Finance


Bank of Canada Holds Rate, Airline Issues, and Market Insights

The Bank of Canada maintains its benchmark interest rate at 2.25% as economists highlight conflicting pressures from oil prices and a weakening economy. Other top stories include warnings about airline practices and investment strategies for volatile mark

BoC Holds Rate, Warns Iran War May Boost Inflation

The Bank of Canada maintained its key interest rate at 2.25% while cautioning that escalating tensions in the Middle East, particularly the Iran conflict, could drive inflation higher in the coming months.

Bank of Canada Holds Interest Rate at 2.25%

The Bank of Canada has decided to keep its key interest rate steady at 2.25%, as Governor Tiff Macklem announces the decision following a period of economic evaluation.

Iran War Upends Federal Reserve's Rate Cut Plans

The escalating conflict in Iran is creating significant economic uncertainty, forcing the Federal Reserve to reconsider its anticipated interest rate cuts amid surging energy prices and global market volatility.

Bank of America Settles Jeffrey Epstein Victims' Lawsuits

Bank of America has reached a settlement to resolve legal claims brought by victims of Jeffrey Epstein, following allegations related to the financier's accounts. The agreement marks a significant step in addressing the fallout from Epstein's crimes.

Expert Panel Needed to Review Alberta's Revenue Sources

With oil prices surging due to conflict in Iran, Alberta's $9.4-billion deficit forecast may shrink dramatically. However, experts argue this temporary relief underscores the need for a comprehensive review of the province's revenue structure and overreli

Bank of Montreal to Open Over 130 New California Branches

The Bank of Montreal is embarking on a major expansion into the U.S. market, planning to open more than 130 new branch locations across California, signaling a significant strategic move for the Canadian financial institution.

Carney Government Continues Trudeau's Fiscal Strategy

Analysis reveals the Carney administration is pursuing higher spending, larger deficits, and deeper debt accumulation than even the Trudeau government planned, contradicting election promises of fiscal restraint.

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