UPDATED: Bank of Canada hikes key interest rate
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation,
UPDATED: Bank of Canada hikes key interest rate
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation,
RBC expects home sales to dive 30%, prices to decline because of outbreak
Canada’s housing market could see a significant pullback this year because of the COVID-19 pandemic, but could rebound next year, a report by RBC says
Bank economists share optimism for 2020, despite international uncertainty
Canada’s top bank economists predict the country will see a few bright spots in 2020, even as the globe grapples with uncertainty in the Middle
Canada’s banking chiefs offer outlook and priorities for the months ahead
Canadian bank executives are sharing their 2020 priorities today after a year that saw them grapple with layoffs, an increase in insolvencies and talk of
Royal Bank hikes dividend as it reports $3.2B net income in first quarter
Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up from $3.01 billion a year ago, matching market
Five Canadian business stories to watch this week
Poloz speaks Bank of Canada governor Stephen Poloz will give a speech to the Chamber of Commerce of Metropolitan Montreal on Thursday. Poloz kept his
Royal Bank of Canada denies report it had access to users’ Facebook messages
Royal Bank of Canada is denying a report that it was able to read, write and delete users’ messages on the social networking website Facebook.
Canadian banks look to in-house hackers to improve and test cybersecurity
Hackers are targeting Toronto-Dominion Bank’s internal systems at all hours using cutting-edge techniques, but the bank’s head of cybersecurity isn’t losing sleep over them –
‘Human skills’ best way for workers to adjust to rise of the machines: study
A year into its effort to help equip youth for the rapidly evolving workforce, one of the country’s largest banks says enhancing young Canadians’ human
Canadian tax evasion fight zeros in on transactions involving Israeli bank
The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to a major Israeli financial institution as part of a
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