As Mark Chandler sees it, the Bank of Canada has “more to fear now than fear itself.” So markets will be watching closely for the tone of this morning's rate-decision statement from Governor Stephen Poloz and his central bank colleagues.
Bitcoin, the decentralized digital currency with global name recognition, has jumped in value once again. The value of the cryptocurrency surged past $2,000 US on May 20, according to data from institutional digital currency exchange GDAX.
Bank of Montreal reported higher fiscal second-quarter profit and hiked its dividend to lead off earnings season for Canada's big banks, even as slower-than-expected business activity in the U.S.
Quebec construction workers walked off the job May 24, 2017. Work schedules and overtime are believed to be at the heart of the conflict.
Almost three quarters of Canadian homeowners would have difficulty paying their mortgage every month if their payments increased by as little as 10 per cent, a new survey from Manulife Bank suggests.