By Indradip Ghosh and Mumal Rathore BENGALURU(Reuters) – The Bank of Canada will keep its key interest rate steady at 4.50% through 2023, according to most economists polled by Reuters, with an[...]
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Canada
US dollar rises after days of losses, but weak outlook intact
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar advanced on Wednesday, recovering from two-month lows hit the previous session, as investors lightened their short positions to book p[...]
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TD world’s most shorted banking stock, shares down -ORTEX data
By Maiya Keidan TORONTO (Reuters) – Hedge fund bets against Canada’s TD Bank Group on Wednesday hit $4.2 billion, making it the most-shorted banking stock globally, according to data provi[...]
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Honeywell’s most powerful generator gets first deal with startup
MONTREAL (Reuters) – Honeywell International on Wednesday will announce a first deal for its most powerful generator, which would power a European-Canadian startup’s hybrid electric cargo[...]
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Toronto home prices rise in March as new listings tumble
TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in March from February, with listings falling at a faster rate than did sales in comparison to a year ago, in the first look[...]
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Exclusive-Canada regulator steps up antitrust review of Smith Financial bid for Home Capital
By Divya Rajagopal and Maiya Keidan TORONTO (Reuters) -Canada’s antitrust regulator said on Tuesday it has sought additional information in its review of Smith Financial Corp’s planned C$1[...]
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U.S. dollar slumps after weak data; markets betting Fed near end of hiking cycle
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar sank to a two-month low on Tuesday as another round of weak economic data reinforced investor bets that the Federal Reserve is ne[...]
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Buyout firm TPG to acquire majority stake in Elite from Thomson Reuters
By Milana Vinn (Reuters) – Private equity firm TPG Inc said on Tuesday it has agreed to buy a majority stake in Elite, a vendor of business management software for law firms, from information pr[...]
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Bank of Canada Deputy Governor Beaudry to leave at end of July
By Ismail Shakil OTTAWA (Reuters) – The Bank of Canada said on Tuesday that Deputy Governor Paul Beaudry will leave at the end of July to return to academia, after an over four-year stint during[...]
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