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  2. Bank of Canada - Wikipedia

    en.wikipedia.org/wiki/Bank_of_Canada

    The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. [4] Chartered in 1934 under the Bank of Canada Act , it is responsible for formulating Canada's monetary policy, [ 5 ] and for the promotion of a safe and sound financial system within Canada. [ 6 ]

  3. Bank of Canada says Trump's proposed tariffs would impact ...

    www.aol.com/news/bank-canada-says-trumps...

    OTTAWA (Reuters) -The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the ...

  4. Big year of central bank easing wraps up with dovish ... - AOL

    www.aol.com/news/big-central-bank-easing-wraps...

    The Bank of Canada also cut rates by 50 bps to 3.25% last week, marking the first time since the COVID-19 outbreak that it has implemented consecutive half-point cuts.

  5. 2024 in Canada - Wikipedia

    en.wikipedia.org/wiki/2024_in_Canada

    October 23 – The Bank of Canada lowers the key interest rate to 3.75%, a drop of 0.5%. This was after inflation fell to 2%, with the Bank of Canada wanting to increase demand. [108] October 28 – The 2024 Saskatchewan general election is held. The Saskatchewan Party wins a fifth consecutive majority government. [109]

  6. Governor of the Bank of Canada - Wikipedia

    en.wikipedia.org/wiki/Governor_of_the_Bank_of_Canada

    Governor of the Bank of Canada (French: gouverneur de la Banque du Canada) is the chief executive officer of the Bank of Canada and acts as chair of its board of directors. [1] The Bank of Canada Act , 1985, S. 6(1), [ 2 ] provides that the governor and deputy governor shall be appointed by the directors with the approval of the Governor ...

  7. Royal Bank of Canada - Wikipedia

    en.wikipedia.org/wiki/Royal_Bank_of_Canada

    Royal Bank of Canada (RBC; French: Banque Royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. [ 2 ]

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  9. Stephen Poloz - Wikipedia

    en.wikipedia.org/wiki/Stephen_Poloz

    In July of that year, he cut the Bank's interest rate again to 0.5 percent. [13] In July 2017, Poloz raised the Bank's key interest rate to 0.75 percent, the first interest rate increase in Canada in seven years. [14] This marked the start of a series of five rate hikes in total; by October 2018, the Bank's key interest rate was at 1.75 percent ...