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Category Bank of Canada

Bank of Canada urges stablecoin rules to keep pace with global payments shift

Bank of Canada urges stablecoin rules to keep pace with global payments shift

Bank of Canada calls for stablecoin regulation to keep pace with global payment innovations.
Bank of Canada cuts rate to 2.5% as tariffs and weak hiring hit economy

Bank of Canada cuts rate to 2.5% as tariffs and weak hiring hit economy

The Bank of Canada lowered its overnight rate to 2.5% on Wednesday, responding to mounting economic damage from US tariffs and a slowdown in hiring...
Bank of Canada set to cut rates as jobs data, trade hit economy

Bank of Canada set to cut rates as jobs data, trade hit economy

The Bank of Canada is expected to lower its overnight rate by 25 basis points at its upcoming policy meeting, as weakening labour market conditions...
Canada’s economy shrinks more than expected in Q2 as exports slump

Canada’s economy shrinks more than expected in Q2 as exports slump

Canada’s economy contracted at a sharper pace than forecasted in the second quarter as exports pulled back in the face of US tariffs, Statistics Ca...
Canada’s economy is likely in the early stages of a recession

Canada’s economy is likely in the early stages of a recession

Canada is now sliding into the early stages of a recession, with new numbers and forecasts showing the economy shrinking and the labor market weake...