The Bank of Canada’s second-in-command reiterated that policymakers see higher oil prices boosting inflation in the coming months, and said the central bank is reviewing how it communicates core measures of price pressures to the public.

The Bank of Canada is looking at internal candidates to fill spots on its rate-setting governing council after two deputy governors said they’ll leave the organization in the coming months.

Markets see the Bank of Canada hiking interest rates more aggressively this year amid surging oil prices and hawkish messaging from peer central banks.

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 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.

Rajan Arora is no stranger to trade turmoil between Canada and the US.

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 sustained rise in oil prices would lift Canada’s economic growth and inflation outlook, Bank of Nova Scotia says.

A sustained rise in oil prices would lift Canada’s economic growth and inflation outlook, Bank of Nova Scotia says.

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.

Foreign direct investment into Canada jumped in the fourth quarter, pushing yearly inflows to the highest level in 18 years.

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.

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.

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 research suggests the acceleration in food inflation last year was almost entirely due to rising import costs, not domestic factors.