Economists project the Bank of Canada will lift its overnight rate to 2.50% on October 28, marking a pivotal shift in domestic monetary policy.

Canada has enacted retaliatory tariffs ranging from 15% to 50% on American goods, sharply escalating a bilateral trade dispute following the collapse of negotiations.

Theparkpay has officially expanded its North American operations after receiving a Payment Service Provider licence from the Bank of Canada. This new authorization allows the fintech to offer real-time settlement capabilities to its international network of merchants.