(Reuters) – Canadian Finance Minister Chrystia Freeland defended the central bank’s independence on Wednesday after her comments welcoming the Bank of Canada’s decision not to increase its key interest rate…
TORONTO (Reuters) – The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting the economy had entered a period of weaker growth, but said it…
OTTAWA (Reuters) – Canada will change how it counts non-permanent residents, the main statistics agency said on Thursday, after an economist said the current methodology may have overlooked about a…
By Katie Paul and Steve Scherer NEW YORK (Reuters) – Meta’s decision to block news links in Canada this month has had almost no impact on Canadians’ usage of Facebook,…
By Kanishka Singh (Reuters) – Canada will deny temporary residency to Iran’s former health minister Hassan Ghazizadeh Hashemi, Canadian Immigration Minister Marc Miller said on Monday, citing Tehran’s human rights…
OTTAWA (Reuters) – Canada is concerned about the overall integrity of the system that educates hundreds of thousands of international students and not just the added pressure they put on…
OTTAWA (Reuters) – Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor vehicle parts and accessories as…
(Reuters) – Canada said on Friday it will participate as a third party in the dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported…
By Nia Williams (Reuters) – The government of British Columbia said it would largely lift travel restrictions to the province’s wildfire-hit interior on Tuesday, as rain and cooler weather helped…
(Reuters) – Canadian housing starts slipped by 10% in July compared with the previous month, which had produced the strongest figures in ten years, data from the national housing agency…
By Kanishka Singh WASHINGTON (Reuters) -The United States and Canada issued new sanctions against Belarus on Wednesday, designating several entities and individuals over alleged human rights abuses and support for…
(Reuters) – A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated…
By Nivedita Balu and Jaiveer Shekhawat (Reuters) -National Bank of Canada said on Tuesday it has agreed to buy collapsed U.S. regional lender Silicon Valley Bank’s Canadian commercial loan portfolio,…
OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau shuffled his cabinet on Wednesday, appointing new heads at 30 of the 38 ministries, adding seven new faces. Here are details of…
(Reuters) – Nissan on Wednesday became the first Japanese automaker to agree to adopt Tesla’s electric-vehicle charging technology in the U.S. and Canada, joining global peers in expanding their fast-charger…
OTTAWA (Reuters) – The Canadian government, under pressure over images showing asylum seekers sleeping on the streets of Toronto, on Tuesday said it would give the city an extra C$97…
(Reuters) – Canada’s annual inflation rate slowed to 2.8% in June on lower prices for gasoline as a result of the base-year effect, while food and mortgage interest costs remain…
By Steve Scherer and Fergal Smith OTTAWA (Reuters) – The Bank of Canada has shifted to a less prescriptive messaging strategy than it used in January when it signaled a…
July 14 (Reuters) – Canadian factory sales grew by 1.2% in May from April on higher sales of chemical products, as well as motor vehicles, Statistics Canada said on Friday.…
WASHINGTON (Reuters) – The U.S.-based National Foreign Trade Council on Thursday blasted Canada for its refusal to back a global agreement to hold off on implementing digital services taxes for…
(Reuters) – J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one last 25-basis point rate hike in October and lifted their…
OTTAWA, July 12 (Reuters)-The Bank of Canada (BoC) on Wednesday raised its growth forecast for this year to 1.8%, up from the 1.4% predicted in April, as excess demand continues…
(Reuters) -Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to hold more funds to better manage risks from a sharp…
TORONTO (Reuters) – Canada’s finance ministry has extended the consultation period for Royal Bank of Canada’s $13.5 billion proposed acquisition of HSBC’s Canadian unit by 15 days due to a…
By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed…