Banking

Office towers are photographed in Toronto’s financial district on Wednesday, June 27, 2018. THE CANADIAN PRESS/ Tijana Martin

Banking regulator planning for more frequent volatility ahead in financial sector

The regulator is working to better understand the risks and to increase disclosures

 

The Bank of Canada in Ottawa on Wednesday, July 14, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada names new deputy governor, ‘temporarily’ expanding governing council

Sharon Kozicki will take on the role on Aug. 2 after serving eight years as an adviser

 

A pedestrian walks past The Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada keeps key interest rate target on hold

Today’s announcement points to a recovery some time in the second half of 2022

 

Fund your fun this summer with competitive rates from Aldergrove Credit Union! Right now Aldergrove Credit Union loans come with great bonus offers.

Fund your fun or home ownership dreams with competitive interest rates!

Summer vacation or starter home, local Fraser Valley credit union has you covered

  • Apr 26, 2021
Fund your fun this summer with competitive rates from Aldergrove Credit Union! Right now Aldergrove Credit Union loans come with great bonus offers.
LCol MacKinnon presenting Shelley Perkins of BMO a certificate of appreciation for their support of Lt Dhanjal in giving him time off to serve with the Canadian Armed Forces’ COVID-19 response efforts. (Submitted)

Bank of Montreal Abbotsford recognized for military reservist support

Local bank has allowed employee to work exclusively in his reservist role to aid COVID-19 relief

LCol MacKinnon presenting Shelley Perkins of BMO a certificate of appreciation for their support of Lt Dhanjal in giving him time off to serve with the Canadian Armed Forces’ COVID-19 response efforts. (Submitted)
The Abbotsford branch of Canadian Western Bank has moved locations from Clearbrook Road to McCallum Road. (Submitted photo)

Canadian Western Bank in Abbotsford moves locations

Bank, opened locally in 2007, now located on McCallum Road

  • Jul 27, 2020
The Abbotsford branch of Canadian Western Bank has moved locations from Clearbrook Road to McCallum Road. (Submitted photo)
Bank of Canada Deputy Governor Tiff Macklem appears at a Commons finance committee on Parliament Hill in Ottawa on Tuesday, April 23, 2013. THE CANADIAN PRESS/Sean Kilpatrick

Morneau names Tiff Macklem new Bank of Canada governor

The central bank has slashed its target overnight interest rate to 0.25 per cent

Bank of Canada Deputy Governor Tiff Macklem appears at a Commons finance committee on Parliament Hill in Ottawa on Tuesday, April 23, 2013. THE CANADIAN PRESS/Sean Kilpatrick
Desjardins President and CEO Guy Cormier reads a statement during a news conference in Montreal on June 20, 2019. THE CANADIAN PRESS/Paul Chiasson

Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million

The costs are mainly related to the package of measures offered to members

Desjardins President and CEO Guy Cormier reads a statement during a news conference in Montreal on June 20, 2019. THE CANADIAN PRESS/Paul Chiasson