Bank of Canada Raises Rate to 2.50%, CIBC Expects January Hike
The Bank of Canada raised its overnight rate by 25 basis points. CIBC expects another hike in January after a December pause.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
4 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Bank of Canada Raises Overnight Rate by 25 Basis Points to 2.50%
The Bank of Canada set its overnight rate target at 2.50%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.
Groupe Dynamite raises full-year revenue growth guidance
Groupe Dynamite said Q2 fiscal 2026 revenue rose 29.8% to $423.6 million and gross profit increased 40.5% to $291.6 million. It raised full-year revenue growth guidance after the quarter.
Sunbelt Rentals posts record Q1, raises fiscal 2027 guidance
Sunbelt Rentals Holdings said first-quarter revenue rose 11% and rental revenue 13%, with adjusted EPS up 20.4% to a record $1.18. The company raised fiscal 2027 guidance for revenue, adjusted EBITDA and CapEx.