Banking

The Bank of Canada in Ottawa on Wednesday, July 14, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada names new deputy governor, ‘temporarily’ expanding governing council

Sharon Kozicki will take on the role on Aug. 2 after serving eight years as an adviser

 

A pedestrian walks past The Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada keeps key interest rate target on hold

Today’s announcement points to a recovery some time in the second half of 2022

 

Canada’s five big banks join anti-hate advertising boycott of Facebook

Canada’s five big banks join anti-hate advertising boycott of Facebook

 

The Bank of Canada is maintaining its key interest rate at 0.25 per cent, in a June 3, 2020 story. (Photo by THE CANADIAN PRESS)

Bank of Canada keeps key interest rate target on hold at 0.25%

Pandemic impact on economies may have peaked

The Bank of Canada is maintaining its key interest rate at 0.25 per cent, in a June 3, 2020 story. (Photo by THE CANADIAN PRESS)

CWB Financial reports Q2 profit down as provisions for credit losses soar

CWB Financial reports Q2 profit down as provisions for credit losses soar

Laurentian Bank Financial Group reports Q2 profit down, cuts quarterly dividend

Laurentian Bank Financial Group reports Q2 profit down, cuts quarterly dividend

Laurentian Bank Financial Group reports Q2 profit down, cuts quarterly dividend

Laurentian Bank Financial Group reports Q2 profit down, cuts quarterly dividend
Scotiabank reports second-quarter profit, in a May 26, 2020 story. (Photo by THE CANADIAN PRESS)

Scotiabank Q2 profit down from year ago as provisions for credit losses soar

Second-quarter profit reported

Scotiabank reports second-quarter profit, in a May 26, 2020 story. (Photo by THE CANADIAN PRESS)
Bank of Canada’s independence key to aiding post-COVID recovery, Wilkins says

Bank of Canada’s independence key to aiding post-COVID recovery, Wilkins says

Bank of Canada’s independence key to aiding post-COVID recovery, Wilkins says

Bank of Canada’s independence key to aiding post-COVID recovery, Wilkins says
The Bank of Canada will look at the impact of COVID-19 on the national economy, in an April 15, 2020 story. (Photo by THE CANADIAN PRESS)

Bank of Canada set to detail impact of COVID-19, outlook for economy

Announcement coming

The Bank of Canada will look at the impact of COVID-19 on the national economy, in an April 15, 2020 story. (Photo by THE CANADIAN PRESS)
The Canadian Bankers Association says almost 500,000 requests for mortgage deferrals, or to skip a payment, have been completed or are in process, in an April 3, 2020 story. (Photo by THE CANADIAN PRESS)

Mortgage deferrals at big Canada’s big banks pile up, association says

Deferrals allowed up to six months

The Canadian Bankers Association says almost 500,000 requests for mortgage deferrals, or to skip a payment, have been completed or are in process, in an April 3, 2020 story. (Photo by THE CANADIAN PRESS)
Desjardins President and CEO Guy Cormier reads a statement during a news conference in Montreal on June 20, 2019. THE CANADIAN PRESS/Paul Chiasson

Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million

The costs are mainly related to the package of measures offered to members

Desjardins President and CEO Guy Cormier reads a statement during a news conference in Montreal on June 20, 2019. THE CANADIAN PRESS/Paul Chiasson