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By Marc Jones LONDON (Reuters) -A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove...
The Canadian real estate market is showing signs of anxiety as potential mortgage rate increases loom, according to a recent survey by Zoocasa. As the Bank of Canada prepares for its rate decision,...
Bank of Canada's (BoC) Governor, Tiff Macklem, is anticipated to maintain the current lending rate at 5% in the upcoming meeting on Wednesday, October 25, 2023. This decision comes as the highest rate...
By Marc Jones LONDON (Reuters) -A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove...
Canadian retail sales experienced a 0.1% drop to 66.08 billion Canadian dollars ($48.16 billion) in August, the first decline in five months, according to Statistics Canada. Despite this downturn,...
Canadian inflation slowed to an annualized 3.8% in September, marking the end of a two-month surge in price pressures across sectors such as travel services, durable goods, and groceries, according to...
Monday saw significant gains in both Canadian and U.S. stock markets, led by base metal, financial, and technology stocks. The S&P/TSX Composite Index rose 157.94 points, while the Dow Jones...
Canadian business sentiment has plummeted to its lowest point since the Covid-19 recession, according to recent surveys conducted by the Bank of Canada. The bank's business outlook indicator marked a...
Tiff Macklem, Governor of the Bank of Canada, addressed potential future interest rate hikes amidst geopolitical instability and persistent inflation at the International Monetary Fund meetings in...
By Fergal Smith TORONTO (Reuters) -Canadian home sales fell for a third straight month in September and the industry group that produces the data downgraded its forecast for the full year,...
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