is "to promote the economic and financial welfare of Canada." The bank’s responsibilities are divided into four main areas: Monetary policy: The bank influences the supply of money in the ...

Bank of Canada governor Tiff Macklem says central banks face an increasingly difficult job as the country faces a maelstrom of potential U.S. tariffs, technological disruptions, extreme weather and ...

In panel remarks, Governor Tiff Macklem highlights the challenges ahead and discusses the role of monetary policy in a world with more structural change and supply shocks.

The Bank of Canada today reduced its target for ... would most likely lead to weaker GDP and higher prices in Canada. With inflation around two per cent and the economy in excess supply, Governing ...

But Canada’s economy is in a state of “excess supply,” according to the Bank of Canada governor, while the unemployment rate ...

the Bank of Canada regularly consulted companies that support supply chains. We wanted to learn how disruptions caused by the pandemic were affecting the value chains Canadian businesses rely on. They ...

Inflation is a generalized increase in consumer prices that erodes the purchasing power of money ... supply, due to structural impediments to home building. What’s the Bank of Canada doing ...

OTTAWA — The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent. Here is the text of the central bank's decision: ...

The Bank of Canada cut its benchmark interest rate by 25 basis points ... the central bank noted that inflation has hovered around two per cent and the economy is still in excess supply with a soft ...

Some Canadian industries have been quick to react to the trade war that began when U.S. President Donald Trump took aim at imports from key trading partners. Here's how the U.S. tariffs that go into ...

Canada's FINTRAC signs MoU with US agencies to boost anti-money laundering efforts December 4, 2024 National Bank of Canada reported a rise in fourth-quarter profit on Wednesday, helped by strong ...