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.
The Bank of Montreal's U.S. exposure was a drag on earnings in the second quarter. The lender kicked off earnings season Wednesday with an in-line adjusted profit and a dividend boost.
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.
Quebec construction workers walked off the job May 24, 2017. Work schedules and overtime are believed to be at the heart of the conflict.
Nearly three-quarters of Canadian homeowners say they would have difficulty paying their mortgage if their payments were to increase by more than 10 per cent, a new survey by Manulife Bank says.