OTTAWA--The Bank of Canada said Monday that two members of its rate-setting governing council are departing, and it intends to fill the vacancies internally. The central bank said that Deputy Governor ...

A pilot involving the central bank and major financial institutions tested whether distributed ledger infrastructure could streamline bond issuance, trading and settlement. Canada has completed a ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. RBC reveals how the bank is moving beyond plastic payment cards to turn personal bank ...

OTTAWA, March 4 (Reuters) - The ⁠risks ⁠posed to debt markets by ⁠hedge funds and private credit might be growing faster than the ability of monitoring agencies to understand and mitigate them, Bank ...

A senior Bank of Canada official warned policy restraint may be needed if a supply shock has a large and persistent impact on inflation, even in a scenario where the economy is weakened. In a speech ...

Royal Bank of Canada's earnings rose in the first quarter of its fiscal year despite an elevated credit-loss provision, as the lender notched growth in its wealth management, personal banking, and ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of payments. This voice experience is generated by AI. Learn more. This voice experience is generated by ...

OTTAWA—Despite a sharp rise in food prices, inflationary pressures in Canada appear contained, Bank of Canada Gov. Tiff Macklem said Tuesday, adding that policymakers remain focused on keeping ...

OTTAWA — The Bank of Canada's governing council was on the same page about the need to lower its benchmark interest rate last month — but the exact timing of the cut was up for debate. The central ...

The Bank of Canada is planning to eliminate hundreds of jobs, about 10% of its workforce, as Prime Minister Mark Carney aims to reduce government expenses. About 225 employees at the central bank will ...

OTTAWA, Oct 29 (Reuters) - The Bank of Canada on Wednesday slashed its growth forecasts for both 2025 and 2026, citing the effect of U.S. trade policy, and predicted the economy would recover slightly ...

OTTAWA — The Bank of Canada is keeping a close eye on how artificial intelligence will affect the Canadian economy — for better or worse. Governor Tiff Macklem said equity valuations of AI companies ...