Bank of Canada
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financeBank of Canada and Economists Resist Official Recession Label Despite GDP Decline
Canada's GDP shows two quarters of decline, but the central bank and many economists urge caution, citing a broader economic picture.
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financeBank of Canada Warns of Rising Vulnerabilities Amid Global Volatility
The Bank of Canada's Financial Stability Report highlights risks from geopolitical shocks, household debt, AI threats, and trade uncertainty.
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financeCanadian Inflation Hits 2.8% as Gas Prices Surge
Canadian inflation jumped to 2.8% in April, driven by soaring gas prices linked to geopolitical tensions.
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financeCanadian Recession Fears Plummeted Before Iran Conflict
Bank of Canada survey reveals a significant drop in firms anticipating a recession in February, prior to the escalation of the Iran war.
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financeAI Risks Threaten Global Financial Systems, Bank of Canada Governor Warns
Bank of Canada Governor Tiff Macklem urges global financial systems to address risks from advanced AI models like Anthropic's Mythos, citing potential for disruption and cybersecurity threats.
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financeParents Co-signing Mortgages: A Growing Trend with Significant Risks
As more parents co-sign mortgages for their adult children, experts highlight the substantial financial and legal risks involved for all parties in Canada's challenging housing market.
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financeParents Increasingly Co-Signing Mortgages for Adult Children
A surge in parents co-signing mortgages for adult children highlights growing affordability challenges and potential financial vulnerabilities.
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cryptoAave V3 Achieves Zero Bad Debt Through Aggressive Borrower Risk Shift
Bank of Canada study reveals Aave V3 eliminated lender losses in 2024 via overcollateralization and automated liquidations-shifting risk to borrowers and reducing capital efficiency.