Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today reduced its target for the ...

On Wednesday, the central bank announced a jumbo rate cut—its fifth cut in a row since June—and signalled a slower pace for ...

The 50 bp cut is the Bank's fifth consecutive drop in rates since June, and its second jumbo reduction in a row.

The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.

TD Bank on Thursday warned of a challenging 2025 and suspended its medium-term earnings forecast as Canada's second-biggest lender.

See how we rate products and services to help you make smart decisions with your money. CIBC Bank USA offers competitive interest rates on savings and CDs, but these accounts work best for people ...

Forecasters are widely expecting a half-percentage point interest rate cut. That would bring the Bank of Canada’s key rate ...

CIBC’s total provisions for credit losses (PCL) — the amount of money banks keep aside to tackle potentially bad loans — was $419 million for the fourth quarter, down $122 million, or 23 per cent, ...

Canadian Imperial Bank of Commerce (NYSE:CM) shares popped 4.4% in Thursday afternoon trading after the Toronto-based ...

The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it ...

Canadian Imperial Bank of Commerce raised its quarterly dividend as it reported a fourth-quarter profit of $1.88 billion, up from $1.49 billion in the same quarter last year. CIBC said Thursday it ...