Bank of England stands pat on interest rates, but cuts expected ahead
The central bank last cut its key rate in December
- By: Pan Pylas, The Associated Press
- February 5, 2026 February 5, 2026
- 09:21
The central bank last cut its key rate in December
The bank's benchmark deposit rate has stood at 2% since June
12.1 million recipients to benefit: PBO
Claims involve alleged misrepresentations by cannabis firm, underwriters
Meanwhile, gold and silver prices rose after paring bigger, early gains
Plus, an update on a tax credit previously proposed by FP Canada
Move comes after concerns about CEO Derek Dobson sparked three executive resignations
Exec misled investors by inflating target's revenues to enable SPAC deal
Tribunal upholds FCA decision, reduces bank's penalty
The auto sector faces uncertainty ahead of the CUSMA review later this year
Xanadu Quantum Technologies jumps 11% on TSX debut Friday
"Diplomatic dissonance' related to Iran war dismaying investors: global equity strategist
Commercial real estate firm valued at $1.1B
SRO issues revisions to gatekeeper, trading supervision obligations
Retail investors allowed to qualify as pro investors due to weak controls
IPC upholds OSC decision to preserve privacy of dealers in failed trade study
Separate legislation give Canadians, lawmakers opportunity to scrutinize separate issues
Provincial budget’s cut to small business tax rate comes with adjustment for tax-integration purposes
Stablecoins will form foundation for tokenizing other financial assets
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, Wellington-Altus adds talent, OSFI's Gully headed for Basel Committee and more
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts
It's the second firm in Canada to receive approval to offer futures and forecast contracts
Both also recorded positive net sales in February, SIMA reports