OTTAWA—Mark Carney took over Friday as Canada’s prime minister, planting a former central banker known for navigating crises ...

Carney, who turns 60 on Sunday, was sworn in at a ceremony at the residence of Canada's governor general, or King Charles III's representative in the country. Prior to that, Justin Trudeau formally ...

Poilievre, during his successful campaign to become Tory leader in 2022, promised to fire Macklem for failing to contain inflation. Starting in March 2022, the Bank of Canada aggressively raised ...

The Bank of Canada has cut its key interest rate by 25 basis points to 2.75%. This move comes as the central bank aims to ...

OTTAWA--Mark Carney took over Friday as Canada's 24th prime minister, kicking off the unofficial countdown to a pending election call in which the former central banker will argue he's best suited to ...

The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade ...

The Bank of Canada cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75 ...

The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...

"We're now facing a new crisis," Bank of Canada Gov. Tiff Macklem said at a press conference, after cutting the central bank's target for the overnight rate to 2.75%, down after seven straight cuts ...