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Category Bank of Canada

MainNewsBank of Canada
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...
Canada’s new PM Carney is optimistic about trade progress with Trump

Canada’s new PM Carney is optimistic about trade progress with Trump

Mark Carney has officially taken over as Canada’s 24th prime minister, stepping into power at a time when the country is locked in a high-stakes tr...
Federal Reserve likely to hold interest rates steady

Federal Reserve likely to hold interest rates steady

The FedWatch tool shows that the likelihood of further interest rate cuts during this week's FOMC meeting was almost zero per cent. President Trump...
Canadians Reluctant to Adopt Digital Dollar: Bank of Canada Reports

Canadians Reluctant to Adopt Digital Dollar: Bank of Canada Reports

According to a Bank of Canada (BOC) study released on October 28, Canadians' reactions to the adoption of a digital dollar were not entirely unifor...
Bank of Canada Redirects Efforts Away From Retail CBDC

Bank of Canada Redirects Efforts Away From Retail CBDC

The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments ...