An inside look on how the Bank of Canada makes its policy rate ...
WEB4 days ago · In an effort to give the public a better understanding of how it makes its policy rate decisions, the Bank of Canada is giving an inside look into the process. In a speech before the Sherbrooke Chamber of Commerce on Thursday, Bank of Canada deputy governor Nicolas Vincent laid out the steps the central bank goes through before …
B.C. helps finance First Nations-led housing ... - Financial Post
WEB4 days ago · First-time homeowners will be at the front of the line for an Indigenous-led condominium project that B.C. will now help finance in Vancouver, the government announced Thursday. The Heather Lands housing development, which first went before Vancouver city council in 2022, is now a joint venture between the Musqueam Indian …
Federal Reserve cuts interest rate by 50 basis points - Financial Post
WEB5 days ago · Federal Reserve chair Jerome Powell cut interest rates by 50 basis points Wednesday. Photo by SAUL LOEB/AFP via Getty Images. WASHINGTON — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also …
Bank of Canada weighing risks to economy to determine pace of …
WEB5 days ago · The Bank of Canada is carefully weighing both upside and downside risks to the economy as it attempts to calibrate the pace of interest rate cuts, according to a summary of its deliberations released on Wednesday. The deliberations that led to the central bank’s September rate cut took place several weeks before Statistics Canada’s …
Bank of Canada to cut deeper and faster, Desjardins - Financial Post
WEB5 days ago · Watch chief economist on what this week's inflation data means to interest rates. Published Sep 18, 2024 • Last updated 32 minutes ago • < 1 minute read. Jimmy Jean, chief economist at Desjardins Group, talks with Financial Post's Larysa Harapyn about this week's inflation data and the path of the Bank of Canada. Photo by Desjardins …
Canada Goose to get into eyewear through deal with Marchon
WEB4 days ago · The deal announced on Thursday by the Toronto-based luxury apparel company comes in the form of an exclusive, long-term global licensing agreement with Marchon Eyewear Inc. The terms and value of the agreement were not disclosed, but Marchon produces eyewear for brands including Lacoste, Nike, Calvin Klein, …
Brookfield adds to US$13 billion to its Indian infrastructure bet ...
WEB4 days ago · Brookfield Asset Management Ltd. plans to add to the US$13 billion it has already invested in Indian infrastructure, describing it as the “brightest spot” in emerging markets. “There’s no reason why we can’t keep up with that trajectory,” Arpit Agrawal, head of the Canadian investment firm’s India infrastructure business, said.
Postmedia board member to step down to pursue political career
WEB3 days ago · A member of the Postmedia Network Canada Corp. board of directors will be stepping down to pursue a political career. Vince Gasparro, a director since February 2021, was recently acclaimed as nominee for the Ontario Liberal Party in the electoral district of Eglinton-Lawrence in Toronto. The riding’s formal nomination meeting is set for Oct. 15.
TD CEO Bharat Masrani to retire, bank names successor
WEB4 days ago · TD Bank chief executive Bharat Masrani has announced his intention to retire on April 10, 2025, after 38 years at the bank and more than a decade as CEO. Photo by Della Rollins/Bloomberg. Bharat Masrani will retire as the chief executive of the Toronto-Dominion Bank in April next year after spending more than a decade in the post, the …
Scotiabank appoints new president to boost business in Quebec ...
WEB4 days ago · The Bank of Nova Scotia has created a new executive position to increase its focus on Quebec, a region where the Toronto-headquartered bank feels it needs “more boots on the ground to generate more business.”. The bank appointed Jean-François Courville as president, Quebec, as part of its “Grow Quebec” strategy.
Skip to content