Canada’s Finance Ministry has been holding discussions with stakeholders for several years about introducing open banking, which uses secure application programming interfaces (APIs) to share ...
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Canada has long had a near-real-time P2P payments system, Interac e-Transfer, but the email- and cellphone-based network has low transaction limits and funds don’t necessarily move instantly between ...
The Bank of Canada is widely expected to hold its key interest rate at 2.25 per cent when policymakers meet tomorrow, but ...
Analysts say a prolonged rate hold would mean more predictability for the housing market, which will also bring a stable financial environment for Canadians.
OTTAWA—The Bank of Canada’s No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country’s banking sector is an oligopoly and changes could ...
The Canadian Government has released its budget for the year 2025. The budget primarily centers on several major themes, such as: shifting from reliance to resilience, adequately protecting Canada’s ...
By Indradip Ghosh BENGALURU, Jan 23 (Reuters) - The Bank of Canada will keep its overnight interest rate on hold through 2026, according to an even stronger majority of economists polled by Reuters ...
Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening ...
The National Bank of Canada faces significant risks from overexposure to Quebec and home loans, making it vulnerable to regional and housing market shocks. Despite the Canadian Western Bank ...
Forbes contributors publish independent expert analyses and insights. #1 stock picker for 51 straight months on SumZero. AI is my edge. I first made Royal Bank of Canada (RY) a Long Idea in April 2018 ...
CIBC. The Canadian Imperial Bank of Commerce offers 27 different credit cards with a mix of travel rewards, cash-back and ...