U.S. inflation data for February will be the highlight among economic data in the week ahead as investors continue to follow the back-and-forth of announcements on tariffs.
Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-than-expected earnings from three of Canada's big-five banks.
The governor of the Bank of Canada was under scrutiny. For weeks, press reports had tied Mark Carney to a potential run for the country’s Liberal Party, which was looking for a new leader.
Mark Carney, who was governor of Bank of Canada and Bank of England, is front-runner after Trudeau announced plans to resign in January.
Canada's Liberal Party leadership candidates, former House leader Karina Gould shakes hands with former Bank of Canada governor Mark Carney, near former Liberal MP Frank Baylis, and former Deputy Prime Minister and Finance Minister Chrystia Freeland,
The Canadian dollar steadied against its U.S. counterpart on Monday, extending its recent sideways trading pattern, as investors awaited greater clarity on prospects of U.S. trade tariffs and additional easing from the Bank of Canada.
Former prime minister Stephen Harper says Liberal leadership hopeful Mark Carney is taking too much credit for helping guide Canada's response to the 2008 global financial crisis. Carney's history leading the Bank of Canada from 2008 to 2013,
Royal Bank of Canada , Canada's largest lender, laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year,
OTTAWA: Canada's Liberal Party looked set Sunday to choose a former central banker and political novice as its next leader, replacing Prime Minister Justin Trudeau as it confronts threats from US President Donald Trump.
Traders and analysts expect the BoC to focus more on recession risk than rising imported goods prices as Ottawa retaliates with tariffs and the Canadian dollar depreciates
After months of speculation and anti-incumbency, Canada's Liberal Party will announce its new leader today, replacing Canadian Prime Minister Justin Trudeau, who will lead the party in the general elections scheduled later this year.