Four Canadian banks quit global banking alliance aimed at meeting climate goals
Despite leaving the Net Zero Banking Alliance, bank says its commitment to climate targets and decarbonization remains
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.
Carney secures three more ministerial endorsements
OTTAWA - Liberal leadership hopeful Mark Carney secured three more endorsements from cabinet on Saturday, with Defence Minister Bill Blair and Transport Minister Anita Anand backing Carney in statemen
Trudeau’s cabinet lines up behind Carney, as Canada seeks to counter Trump
The former central banker has already secured the backing of the country's foreign, energy, environment, transport and labour ministers The senior ranks of Prime Minister Justin Trudeau's cabinet have made their choice on who they believe should replace him as Canada's prime minister - and they are throwing their weight behind Mark Carney.
Anita Anand joined by Bill Blair, Nate Erskine-Smith in backing Mark Carney for Liberal leadership
The three cabinet ministers are the latest to turn away from contender Chrystia Freeland, who is the former finance minister
Trudeau's Cabinet Lines Up Behind Carney as Ex-Banker Brushes Up on French
Carney has secured the backing of Foreign Affairs Minister Melanie Joly, Environment Minister Steven Guilbeault, Energy Minister Jonathan Wilkinson and Labor Minister Steven MacKinnon. He will receive a public endorsement from Industry Minister Francois-Philippe Champagne on Sunday, said a person close to Champagne.
Hedge Fund Polar Asset Hires TD’s Cope to Lead Fixed Income
Polar Asset Management Partners, one of Canada’s largest hedge funds, is hiring Toronto-Dominion Bank’s head of global fixed income, Jason Cope, as it pushes ahead with a planned expansion.
US Tariff Threat Leaves Macklem's Bank of Canada on Edge
Welcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics.
Trump Tariff Threat Looms Over Bank Of Canada As Inflation Cools
Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead? Robert Both, Senior Macro Strategist, TD Securities, discusses.
Bank of Canada urged to 'take a breather' and hold rates as Trump rattles trade
The Bank of Canada should hold its benchmark interest rate steady at 3.25 per cent at its upcoming January meeting, giving policymakers time to digest U.S. President Donald Trump’s vision for Canada-U.
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Ex-finance minster Chrystia Freeland is running to replace Trudeau as Canada's prime minister
Former Canadian finance minister Chrystia Freeland is running to be the next leader of the Liberal Party and Prime Minister of Canada
Bank of Canada Survey Says Uncertainty 'Prevalent' Among Firms Over U.S. Trade Policy -- Update
An online survey conducted in December, involving over 900 business executives, also indicated that some firms revised lower their sales outlook, and scaled back investment and hiring plans, based on Trump's threat to impose a tariff of up to 25% on imports from Canada and Mexico.