CanAm Currency Exchange Secure Currency Converter App For Canadians Launched
CanAm Currency Exchange has launched a new Currency Converter App, available for download on the App Store and Google ...
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Government of Canada issues new U.S.-dollar global bond
The Canadian government will launch a U.S.-dollar-denominated global bond on Tuesday, subject to market conditions. The launch provides funds to supplement and diversify Canada’s liquid foreign ...
Bank of Canada cuts key rate to 2.75% as trade war rattles economy
Governor Tiff Macklem says the bank lowered rates to help cushion the impact of trade volatility, but would ‘proceed carefully with any further changes to our policy rate’ ...
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Depreciating loonie drives Q4 increase in Canada’s net foreign assets
Canada’s net foreign asset position increased in the fourth quarter of 2024 as the loonie lost value relative to the U.S. dollar, Statistics Canada said on Thursday. The country’s net foreign asset ...
BofA: Expect Bank of Canada to cut rates amid tariff uncertainty
Carlos Capistran, an economist at B of A Securities, predicts that the Bank of Canada (BoC) will cut its policy rate by 25 basis points (bp) on March 12, 2025, bringing it down to 2.75%. This ...