Bank of Canada

Finance & Economics

Bank of Canada Governor Sees Little Impact of Country Budget on Fiscal Track

Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.

News

Canada Sheds Jobs

As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.

Finance & Economics

Bank of Canada Prepares Report on Prospects of Digital Currency

The Bank of Canada has prepared a report on the specifics of using the national bank’s digital currency (CBDC).

News

The Royal Bank of Canada unveiled a new authentication tool

RBC has launched a revolutionary technology to further protect its clients’ most personal information online. Built within the RBC Mobile App, clients can now use their personal PIN with their client card or biometrics to securely authenticate themselves on their mobile phone. For Android users, the App uses NFC, enabling clients to simply tap their […]

Finance & Economics

Bank of Canada reveals three digital currency proposals

The move is a segment of the Bank of Canada’s attack into CBDCs

News

Bank of Canada urges businesses to accept cash

Many consumers and businesses avoid using cash in order to limit the transmission of COVID-19

Finance & Economics

Canadian banks provide flexible solutions due to coronavirus

Canadians who are facing difficulties are encouraged to contact their banks

Finance & Economics

RBC launches digital government ID verification

RBC only collects the necessary information for opening and operating a personal deposit account

Science & Technology

How do common financial goals affect relationships: survey

Most of the Canadian couples link financial stability to relationship success

Fintech & Ecommerce

Interac payment solution for businesses goes live in Canada

Subscribed RBC business banking customers can facilitate the Interac e-Transfer feature

Finance & Economics

Microsoft stock to hit $200 

Investors and analysts gained confidence with the company’s latest report

Finance & Economics

Canadians overspent during last year’s holidays

Canadians aged between 34 and 55 overspent the most: $531 on average

Finance & Economics

Canadians will choose new design for $5 banknote

The public consultation process is expected to start in late January

Finance & Economics

Six central banks cooperate on digital currency

The group will closely interact with the Financial Stability Board and the Committee on Payments and Market Infrastructures (CPMI)