The Bank of Canada | The Epoch Times

Bank of Canada Lost $522 Million in Third Quarter, Marking First Loss in Its History

The Bank of Canada lost $522 million in the third quarter of this year, marking the first loss in its 87-year history. In the central bank's latest quarterly financial report, ...

November 29, 2022BY The Canadian Press

Home Prices to Fall Another 14 Percent by Spring 2023, RBC Forecasts

Home prices in Canada have yet to bottom out, with a decline of 14 percent expected in spring ...

September 20, 2022BY Andrew Chen

Bank of Canada Interest Rate Hike Likely First of Many, Say Analysts

The Bank of Canada's modest rate increase on March 2 will do little to stem inflation, say analysts, ...

March 2, 2022BY Lee Harding

Bank of Canada Keeps Rates on Hold, Raises Economic Outlook

OTTAWA—The Bank of Canada is keeping its key interest rate target on hold as it raises its outlook ...

April 21, 2021BY The Canadian Press

Pandemic Widens Gap Between Perceived, Measured Inflation: Bank of Canada

OTTAWA—A senior Bank of Canada official says that many Canadians believe that official inflation measures don't reflect the ...

August 25, 2020BY The Canadian Press

Some Canadian Bank Branches Short of $50 Bills Amid Pandemic

Hoarding at the start of the pandemic didn’t stop with toilet paper and hand sanitizer—people also stockpiled $50 ...

July 9, 2020BY Hongyan Lu

Bank of Canada’s Wilkins Says Balance Sheet Has Tripled Since COVID-19 Shutdowns

OTTAWA—The Bank of Canada will need to maintain its independence to aid the economy during and after the ...

May 4, 2020BY The Canadian Press