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A Nanaimo bar whose recipe called for butter equivalent to the weight of a baby elephant has been certified as the world's ...
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 ...
We spoke with Tiff Macklem, the governor of the Bank of Canada, after a meeting of top economic policymakers in Alberta.
the Bank of Canada said Thursday, warning that permanent, hefty tariffs could lead to credit losses for lenders amid household and business debt defaults. The central bank, in its annual Financial ...
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The central bank said loans to households or businesses in trade-sensitive industries or regions represent around 15% of the assets of lenders in Canada. The risk is permanent tariffs could cause ...
Canadian banks are well-positioned, however, to absorb higher losses, thanks to higher capital buffers and provisions for credit losses, the central bank said. The Bank of Canada said the ...
Some members of the Bank of Canada‘s governing council discussed cutting the central bank’s policy rate by 25 basis points, before ultimately arriving at a consensus to hold to wait for “more ...
And financial markets have been rocked by chaotic policy announcements and reversals.” The central bank highlighted key risks to the Canada’s financial system on Thursday in its Financial Stability ...
The central bank is to launch special financial inspections on financial institutions, including local banks and foreign custodian banks, as part of efforts to curb speculative “hot money” inflows ...
Good morning. Senior Deputy Governor Carolyn Rogers and I are pleased to be here to discuss the Bank of Canada’s Financial Stability Report (FSR). Each year, the Bank assesses the stability of ...
In its annual Financial Stability Report, the central bank said the financial system was resilient. But the impacts of tariffs slapped by U.S. President Donald Trump on Canada and Ottawa’s ...