By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance, joining the big-six U.S. banks in quitting the banking sector climate coalition.
Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.
VANCOUVER: Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said Thursday he is entering the race to be
Canada's main stock index rose on Friday, as government bond yields eased around the world, but focus is likely to shift to policy changes from U.S. President-elect Donald Trump when he takes office next week.
Chief economists at five of Canada’s largest banks say Trump’s belligerence opens a window to address long-standing Canadian problems, such as interprovincial trade barriers and regulatory environment
The ClearBridge Canadian Small Cap Strategy meaningfully outperformed its benchmark in the fourth quarter. Read more here.
The Bank of Canada’s policy rate currently sits at 3.25 per cent, after two consecutive half point cuts in October and December of last year. The rate now sits at the upper band of the central bank’s neutral range, with economists predicting it will have more room to fall to below two per cent, if Trump follows through on his tariff threats.
Economic factors both north and south of the border are casting doubt on the direction for Canadian interest rates and that would shake the confidence of even a seasoned mortgage borrower
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USD is firmer versus most G10 currencies, but the tone is consolidative. US index futures are trading firmer. Investors, businesses, & foreign countries have been warned of action on Day One
Masrani departs ahead of schedule on Feb. 1 as the bank addresses the penalties from U.S. regulators linked to its anti-money laundering failures
Donald Trump will be inaugurated as the 47th president of the US on Monday. Last week, senior Republicans revealed that he wants to issue a large number of executive orders in the first few days of his administration.