Markets see the Bank of Canada hiking interest rates more aggressively this year amid surging oil prices and hawkish messaging from peer central banks.
Markets see the Bank of Canada hiking interest rates more aggressively this year amid surging oil prices and hawkish messaging from peer central banks.
Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on Wednesday.
The Bank of Canada held interest rates steady, saying it would “look through” the Middle East war’s immediate inflation impact as it kept focus on downside growth risks.
The Bank of Canada held interest rates steady, saying it would “look through” the Middle East war’s immediate inflation impact as it kept focus on downside growth risks.
The Bank of Canada in Ottawa. Photographer: Kamara Morozuk/Bloomberg
The Bank of Canada held interest rates steady, saying it would “look through” the Middle East war’s immediate inflation impact as it kept focus on downside growth risks.
The Bank of Canada held interest rates steady, saying it would “look through” the Middle East war’s immediate inflation impact as it kept focus on downside growth risks.
The Bank of Canada in Ottawa. Photographer: Kamara Morozuk/Bloomberg
The Bank of Canada is likely to hold interest rates steady as policymakers weigh the inflation risk of higher oil prices against a string of weak economic numbers.
The Bank of Canada is likely to hold interest rates steady as policymakers weigh the inflation risk of higher oil prices against a string of weak economic numbers.
The Bank of Canada is likely to hold interest rates steady as policymakers weigh the inflation risk of higher oil prices against a string of weak economic numbers.
The Bank of Canada is likely to hold interest rates steady as policymakers weigh the inflation risk of higher oil prices against a string of weak economic numbers.
The Bank of Canada will begin centrally clearing its repo operations, Governor Tiff Macklem said, as he flagged growing risks from hedge funds’ leveraged bets in government bonds and the rapid expansion of private credit.
The Bank of Canada will begin centrally clearing its repo operations, Governor Tiff Macklem said, as he flagged growing risks from hedge funds’ leveraged bets in government bonds and the rapid expansion of private credit.
A senior Bank of Canada official warned policy restraint may be needed if a supply shock has a large and persistent impact on inflation, even in a scenario where the economy is weakened.
A senior Bank of Canada official warned policy restraint may be needed if a supply shock has a large and persistent impact on inflation, even in a scenario where the economy is weakened.
The Canadian economy ended the year on a softer note as a sharp decline in business inventories drove down real gross domestic product by an annualized 0.6% in the fourth quarter.
The Canadian economy ended the year on a softer note as a sharp decline in business inventories drove down real gross domestic product by an annualized 0.6% in the fourth quarter.
The Bank of Canada’s second-in-command is warning of future inflation risks if investment in artificial intelligence is concentrated among the country’s big companies.
The Bank of Canada’s second-in-command is warning of future inflation risks if investment in artificial intelligence is concentrated among the country’s big companies.
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making the world “more turbulent” and escalating uncertainty.
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making the world “more turbulent” and escalating uncertainty.
Parliament Hill in Ottawa, Ontario, Canada, on Wednesday, Jan. 28, 2026. The Bank of Canada held interest rates steady, but officials made clear that theyre not sure about the duration of their pause, nor in which direction borrowing costs are headed.
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making the world “more turbulent” and escalating uncertainty.
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making the world “more turbulent” and escalating uncertainty.
Parliament Hill in Ottawa, Ontario, Canada, on Wednesday, Jan. 28, 2026. The Bank of Canada held interest rates steady, but officials made clear that theyre not sure about the duration of their pause, nor in which direction borrowing costs are headed.
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making the world “more turbulent” and escalating uncertainty.
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making the world “more turbulent” and escalating uncertainty.
Parliament Hill in Ottawa, Ontario, Canada, on Wednesday, Jan. 28, 2026. The Bank of Canada held interest rates steady, but officials made clear that theyre not sure about the duration of their pause, nor in which direction borrowing costs are headed.
Bank of Canada Governor Tiff Macklem warned that cutting interest rates while the economy is adapting to structural changes risks stoking future inflation.
Bank of Canada Governor Tiff Macklem warned that cutting interest rates while the economy is adapting to structural changes risks stoking future inflation.
Canada’s central statistics agency changed the date it plans to publish a major inflation print after economists warned against releasing the data while the country’s financial markets are closed for a holiday next month.
Canada’s central statistics agency changed the date it plans to publish a major inflation print after economists warned against releasing the data while the country’s financial markets are closed for a holiday next month.
A shopper carries a Garage bag in Toronto, Ontario, Canada, on Monday, Dec. 8, 2025. Statistics Canada (STCA) is scheduled to release consumer price index data on November 15. Photographer: Adetona Omokanye/Bloomberg
Canadian Prime Minister Mark Carney and Bank of Canada Governor Tiff Macklem congratulated Kevin Warsh on his nomination to lead the Federal Reserve.
Mark Carney, Canada's prime minister, during an interview in London, UK, on Saturday, Sept. 27, 2025. "What we need to do is to be as effective as possible, in terms of addressing climate change while growing our economy," Carney said.