The Bank of Canada today reduced its target for the overnight rate to 3 per cent, with the Bank Rate at 3.25 per cent and the deposit rate at 2.95 per cent. The Bank is also announcing its plan to ...

President Trump says Canada doesn’t allow U.S. banks to open or do business in the country. Data from the country’s banking ...

U.S. President Donald Trump falsely claimed on Monday that U.S. banks are not allowed to operate in Canada, suggesting that ...

The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.

The Bank of Canada (BoC) delivers a widely expected 25 basis points rate cut, bringing interest rates down to 3.00% on Wednesday. This reduction in rates comes at a slower pace after back-to-back ...

Sources said President Trump was singling out Ottawa’s tougher approach to regulating its banking and financial sector.

The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets ...

Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today reduced its target for the overnight rate to 3 per cent, with the Bank Rate at 3.25 per cent and the ...