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Breaking News: Latest Information That Impacts the Stock Market
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Bank of Canada cuts key interest rate to 4.25%, says economic growth needs to pick up
The Bank of Canada lowered its benchmark interest rate for a third consecutive time on Wednesday and reiterated that economic growth needs…
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Sept 3: Major indexes drop on September worries, upcoming data
U.S. and Canadian stocks slumped on Tuesday, at the start of one of the market’s historically worst months, ahead of…
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Canada’s economy grew at 2.1% annual pace in second quarter despite drop in household spending
The economy grew at an annualized rate of 2.1 per cent in the second quarter – beating the Bank of…
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CIBC’s third-quarter profit rises on lower loan loss provisions
Canadian Imperial Bank of Commerce CM-T -0.84%decrease reported a rise in third-quarter profit on Thursday, as the lender set aside smaller funds…
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National Bank reports $1.03B Q3 profit, up from $830M a year ago
National Bank of Canada reported a third-quarter profit of $1.03 billion, up from $830 million a year ago, helped by…
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RBC tops quarterly profit estimates on smaller bad loan provisions
Royal Bank of Canada RY-T +0.34%increase on Wednesday beat analysts’ quarterly profit estimates as it set aside a smaller than expected sum to…
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Scotiabank reports drop in third-quarter profit, boosts loan-loss provisions
Bank of Nova Scotia reported lower fiscal third-quarter profit as it set aside more money to cover future losses on loans,…
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Bank of Montreal warns of loss provision pressures after quarterly profit miss
Bank of Montreal BMO-T -5.71%decrease on Tuesday warned it would need to continue to set aside money for loans that are unlikely to…
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Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the U.S.
Canada’s government on Monday announced it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and…