Rate cut timing ‘difficult to foresee’: BoC deliberations
Central bank acknowledges rate-hiking cycle is likely over, but hasn't ruled out raising rates further amid inflation pressures
- By: The Canadian Press
- February 7, 2024 February 7, 2024
- 13:47
Central bank acknowledges rate-hiking cycle is likely over, but hasn't ruled out raising rates further amid inflation pressures
Former chairman of the Shanghai Stock Exchange to take reins as chairman and Communist Party chief of the China Securities Regulatory Commission
Shares fell another 11% Wednesday after the bank's credit rating got downgraded to “junk”
Total exports fell 1.9% in December to $64.1 billion, led by reduced shipments of motor vehicles and parts
Desjardins and CIBC examine both near- and long-term challenges
Government data shows financial sector is also falling short on gender and Indigenous pay gaps
Firm's executive aided Ng's scheme to raise funds with falsified collateral
The central bank says shelter costs are now the primary driver of above-target inflation
European regulators flag threats to investors from industry, influencers
The average Toronto home price dropped 1% from the same time last year
The bank is calling for stronger growth in Canada and the U.S. this year
High interest rates, heightened macro uncertainty weigh on deal flow
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record