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Stocks declined, while Treasury yields climbed after a stronger-than-estimated reading on the U.S. services industry bolstered speculation the Federal Reserve will keep interest rates higher for longer. The S&P 500 closed below 4,500 and the Nasdaq 100 fel...

Canada's main stock index lost almost 200 points Wednesday amid a broad-based decline, while U.S. markets also posted losses.  The S&P/TSX Composite Index closed down 186.80 points, or 0.78 per cent, at 20,226.96. In New York, the Dow Jones Industrial A...

Interest rates are likely to come down next year, Royal Bank of Canada Chief Executive Officer Dave McKay said, allowing for the lender’s customers to avoid major pain when the majority of its mortgage book reprices in 2025 and 2026. “We should be fine,” M...

Speaking a day after we decided to maintain the policy interest rate at 5%, Governor Tiff Macklem explores some key factors behind the decision. He also explains why...

OTTAWA — The Bank of Canada decided to hold its key interest rate steady on Wednesday amid mounting evidence the economy is slowing, but the central bank isn’t declaring victory yet as it remains cautious to not fuel speculation about rate cuts....

Majority of lender's mortgage book reprices in 2025 and 2026 Interest rates are likely to come down next year, Royal Bank of Canada chief executive Dave McKay said, allowing for the lender’s customers to avoid major pain when the majority of it...

Many who bought in July 2018 have watched their property values surge We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Homeowners i...

At least one economist predicts an early 2024 cut The Bank of Canada held its benchmark interest rate at five per cent on Sept. 6, with one economist predicting the bank’s next move could be a cut based on deteriorating economic data, though po...

Treasuries sank as a handful of companies flooded the market with billions of dollars in debt sales before this month’s key economic data and the Federal Reserve’s rate decision. Stocks fell and the dollar hit the highest since March as a rally in oil added t...

Canada's main stock index moved lower as investors await an interest rate decision from the Bank of Canada Wednesday, while U.S. stock markets also posted losses.  The S&P/TSX Composite Index was down 131.60 points, or 0.64 per cent, at 20,413.76. In Ne...