Bank of Canada
-
techMultiverse Computing Unveils Pulsar 16B, a Powerful Open-Source AI Model
Multiverse Computing launches Pulsar 16B, an open-source reasoning model powered by Nvidia, claiming performance rivaling models twice its size.
-
financeBank of Canada Poised to Hold Rates Amid Tariffs, War, and Recession
Economists predict the Bank of Canada will hold rates this week, with hikes more likely than cuts due to inflation from U.S. tariffs and the Iran war.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.