Toronto – Canadian Foreign Minister Mélanie Joly will ... The source said Joly believes Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, is the best candidate to deal ...

Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said Thursday he is entering the race to be Canada’s next prime minister following the resignation of Justin Trudeau.

Chrystia Freeland has called for economic retaliation if President-elect Trump follows through with his threat to impose tariffs.

Toronto-Dominion Bank faces challenges including U.S. AML settlements, restructuring efforts, and suspended medium-term financial targets, impacting investor confidence. Despite these issues ...

TD Bank global anti-money laundering officer stepping down Toronto-Dominion Bank is aiming to sell about $9 billion of residential mortgage loans in order to modify its balance sheet to comply ...

The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate with the Bank of England next week.

After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings, the policy-setting Federal Open Market Committee has signalled that it believes it now needs to pause and look for “further progress” towards hitting its 2 per cent inflation goal.

The Bank of Canada’s overnight interest rate cut by 0.25% to 3% is good news for prospective Toronto homeowners said Phil Soper, president and CEO of Royal LePage. “In Toronto, the price of detached homes has been a challenge for generations going back to gen X,

The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of England, is now running for leader of the Liberal Party.

Liberal leadership hopeful Mark Carney secured three more endorsements from cabinet on Saturday, with Defence Minister Bill Blair and Transport Minister Anita Anand backing Carney in statements on X and Housing Minister Nate Erskine-Smith hosting an event for the candidate in Toronto.

Transport Minister Anita Anand, Defence Minister Bill Blair and Housing Minister Nate Erskine-Smith are the latest from the Liberal front benches to turn away from former finance minister Chrystia Freeland. Industry Minister François-Philippe Champagne is expected to announce his endorsement for Carney on Sunday.

Carney has secured the backing of Foreign Affairs Minister Melanie Joly, Environment Minister Steven Guilbeault, Energy Minister Jonathan Wilkinson and Labor Minister Steven MacKinnon. He will receive a public endorsement from Industry Minister Francois-Philippe Champagne on Sunday, said a person close to Champagne.