Low rates yet
New BoC Governor Stephen Poloz leaves interest rates unchanged at 1%, plus other stories.
How to brighten up Blue Monday in 2025
Wishing for longer days and warmer weather? It could be Blue Monday, the most down day of the year....
- Canada’s new central banker, Stephen Poloz, sounds a lot like the previous one, Mark Carney. Poloz said Wednesday that the country’s 1% base interest rate would remain unchanged until economic conditions improve.
- Royal Bank of Canada and IGM Financial are launching an upstart trading exchange, Aequitas Innovations Inc., that would prohibit “predatory” high frequency trading tactics.
- The CRTC denied a request by BCE Inc. to increase payphone charges to $1 cash and $2 by card. That’s double the current maximum of 50 cents and $1. In the good old days, all you needed was a quarter to make a call from a phone booth.
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