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Canada inflation rises to 2.3%

Last Updated: Friday, June 20, 2014, 18:49

The Bank of Canada considers core inflation when setting its key lending rate, which is currently at a near-record low of one 1.0 percent.

Canada central bank maintains key lending rate at 1%

Last Updated: Wednesday, October 23, 2013, 21:09

Canada maintained its key lending rate at one percent Wednesday, warning that the economy of key partner the United States is "softer than expected" and growth in emerging markets has slowed.

ICICI gets Rs 400 crore from its Canadian arm

Last Updated: Thursday, May 16, 2013, 21:46

Private sector lender ICICI Bank Thursday said its Canadian subsidiary has repatriated Canadian dollars 75 million (about Rs 400 crore) of capital back to the parent.

Bank of Canada keeps benchmark interest rate unchanged

Last Updated: Wednesday, December 05, 2012, 13:27

It is also the longest period of no changes for the benchmark interest rate of the Canadian central bank since the early 1950s, reported Xinhua.

Bank of Canada keeps benchmark rate unchanged

Last Updated: Wednesday, October 24, 2012, 14:03

Canada's central bank, the Bank of Canada, has announced that it is maintaining the current overnight interest rate at 1 percent.

Bank of Canada apologises for `Asian woman` note

Last Updated: Tuesday, August 21, 2012, 14:58

Following accusations of racism, Bank of Canada governor Mark Carney has apologized for the way in which the image of an Asian woman was eliminated.

US sues Royal Bank of Canada for massive fraud

Last Updated: Tuesday, April 03, 2012, 10:59

US regulators announced charges against Royal Bank of Canada, accusing the major Canadian bank of "washing" hundreds of millions of dollars through fraudulent trading.

RIM committee stresses importance of independent chair

Last Updated: Tuesday, January 31, 2012, 09:50

A review of Research In Motions' leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker.