BoC's Macklem: U.S. Fed Independence Loss Would Hit Canada
Bank of Canada Governor Tiff Macklem cautions that any erosion of the U.S. Federal Reserve's independence would have disproportionate consequences for Canada's economy and monetary policy.
Category : Banking Finance
Bank of Canada Holds Rates, Economists Split on 2026 Path
The Bank of Canada maintains its key interest rate at 2.25% citing heightened uncertainty, while economists offer conflicting predictions ranging from cuts to hikes for 2026.
Bank of Canada Holds Rate at 2.25% in Soft Economy
The Bank of Canada maintains its key interest rate at 2.25%, signaling a cautious stance as economic growth shows signs of softening across the nation.
U.S. Dollar Rebounds on Strong Dollar Policy Reaffirmation
The U.S. dollar has strengthened following comments from a senior Treasury official reaffirming the United States' commitment to a strong dollar policy, impacting currency markets.
TSX Down, U.S. Markets Up as Bank of Canada Holds Rate
The S&P/TSX composite index declined in late-morning trading, contrasting with slight gains in U.S. stock markets. The Bank of Canada maintained its key interest rate at 2.25%, citing a soft economic landscape.
Bank of Canada Holds Rate at 2.25% Amid Trade Uncertainty
The Bank of Canada maintains its policy interest rate at 2.25% as Governor Tiff Macklem highlights heightened uncertainty from U.S. trade policies and geopolitical risks affecting economic forecasts.
BMO Hires Wells Fargo's Malik as Capital Markets COO
Bank of Montreal's capital markets division has appointed Aman Malik as chief operating officer, replacing Nina Knezevic who moves to a strategic role. The bank recently laid off two managing directors.
Victims of German Bank Heist File Lawsuits After Break-In
Victims of a spectacular bank heist in Gelsenkirchen, Germany, have filed lawsuits after thieves broke into a Sparkasse vault during the Christmas holidays, leading to a major police investigation.
Bank of Canada Holds Interest Rate Steady at 2.25%
The Bank of Canada has decided to keep its key interest rate unchanged at 2.25% as it monitors inflation and economic indicators. This decision comes amid ongoing global and domestic financial pressures.
Bank of Canada Holds Interest Rate at 2.25% Again
The Bank of Canada has kept its benchmark interest rate steady at 2.25% for the second meeting in a row, with Governor Tiff Macklem announcing the widely anticipated decision on Wednesday.
Tether's Nuclear Bunker Gold Hoard Shakes Markets
Crypto giant Tether has amassed over 140 tons of gold in a Swiss nuclear bunker, becoming one of the world's largest private gold holders and challenging traditional financial institutions.
Fed Expected to Hold Rates Steady as Cut Pause Starts
The U.S. Federal Reserve is anticipated to keep interest rates unchanged, marking the start of a pause in rate cuts amid ongoing economic assessments.
CRA Seeks Billions in COVID Benefit Payments
The Canada Revenue Agency is actively recovering billions in COVID-19 benefit payments from individuals deemed ineligible, causing widespread stress and financial uncertainty across the nation.
TSX Mixed, Gold Soars After Wall Street Record
Canadian stocks show mixed results following a record-setting day on Wall Street, while precious metals like gold and silver experience significant gains amid ongoing market volatility.
Bank of Canada Interest Rate Announcement and Forecast Update
The Bank of Canada is poised to announce its latest interest rate decision and provide updated economic forecasts, a key move that will influence borrowing costs and financial planning across the nation.
CRA Demands CERB Repayments: Canadians Under Stress
Canadians who received CERB benefits are being asked to repay funds by the CRA, causing widespread financial anxiety and frustration across the country.
Venezuela Says U.S. Unfreezing Sanctioned Funds
Venezuela's acting president Delcy Rodríguez confirms the United States is releasing previously frozen funds, marking a significant shift in financial relations amid ongoing sanctions.
ShariaPortfolio Hits $3B in Assets Under Management
The ShariaPortfolio Group of Companies has exceeded $3 billion in assets under management, reflecting growing demand for Sharia-compliant and ethical investment products in North America.
Solo Hedge Fund Beats Bay Street with 65% Return
Francis Lau's Lucida Capital achieved 65% returns without leverage, outperforming larger rivals. His strategy focuses on mid-cap stocks and risk management from a Markham office.
Trump May Be Engineering U.S. Dollar Decline, Analyst Says
The Canadian dollar is rising as currency experts examine whether the Trump administration is deliberately devaluing the U.S. dollar, with multiple factors contributing to the greenback's decline.
TSX Down, U.S. Markets Mixed in Late-Morning Trading
Canada's main stock index declined in late-morning trading on January 27, 2026, while U.S. markets presented a mixed picture amid ongoing economic assessments.
B.C. Man Battles TD Bank Over Lost $108K Inheritance
A B.C. executor faces a frustrating battle with TD Bank after a $108,000 bank draft for his sister's inheritance went missing in registered mail, highlighting risks with bank drafts.
Barrie Advisor Banned After $1.8M Fraud Conviction
A Barrie financial advisor has been convicted of fraud totaling $1.8 million and permanently banned by the Investment Industry Regulatory Organization of Canada.
Bank of Canada May Aid Borrowers Without Rate Cuts
Economist Royce Mendes suggests the Bank of Canada could adopt a dovish tone to help borrowers despite holding rates steady, amid economic slowdown and trade uncertainty.
Chinese Traders Expect Gold Rush to Continue at Record Prices
Chinese buyers and sellers in the gold market forecast sustained high demand and a continued rush for the precious metal, even as prices reach unprecedented levels.
Improving Automatic Tax Filing: CRA's Next Steps
Automatic tax filing promises to simplify tax compliance for millions of Canadians with straightforward returns. Kim Moody explains how the CRA can enhance this system while addressing concerns about government overreach.
Canadian Stocks Gain with Wall Street, Gold Edges Lower
The S&P/TSX composite index tracked gains on Wall Street, while gold prices retreated slightly after hitting a record US$5,000 per ounce. Market sentiment was buoyed by global economic factors.
Float Financial Gets $100M to Grow Business Banking in Canada
Toronto fintech Float Financial Solutions expands business banking offerings after securing $100M debt funding, maintaining 4% interest rates and launching new credit products for Canadian companies.
TSX Dips as Gold Hits Record $5,000
Canada's main stock index declined on Monday, contrasting with a historic rally in gold prices that breached the US$5,000 per ounce threshold for the first time.
Ex-Montreal Mayor Coderre's Debt Plan Accepted
Creditors have approved a debt-repayment proposal from former Montreal mayor and MP Denis Coderre, marking a significant step in his financial restructuring.
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