The big banks dropped their prime lending rate late Tuesday, almost a week after the Bank of Canada cut its key lending rate. But they're not passing along the entire rate cut the central bank had announced.
TORONTO Jan 27 (Reuters) - Canadian National Railway Co reported better-than-expected fourth-quarter earnings on Tuesday and boosted its dividend, but lagged its main Canadian rival when it came to a key efficiency measure.
TORONTO -- Canada's biggest banks have started passing on some -- but not all -- of the Bank of Canada's recent rate cut, lowering the interest charged to borrowers with loans and mortgages tied to the prime rate.
VANCOUVER - As the bombshell retreat from Canada announced by Target this month continues to rock the national retail property market, a transformation in Canadian shopping culture could threaten the big-chain retail formula, local real estate and ...
LONGUEUIL, Que. - Aerospace parts manufacturer Heroux-Devtek (TSX:HRX) is taking a $5.8-million charge related to Bombardier's decision to suspend work on a new Learjet model.