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Economist says central bank needs to cut up to 3 percentage points to avoid severe recessionHistoric levels of household debt are straining the finances of Canadians to the point that it will be impossible for the Bank of Canada to keep interest rates at cur...

Treasuries extended their November rally, the dollar fell and stocks edged higher on speculation the Federal Reserve is done with interest-rate hikes and will be able to ease policy next year. Fed swaps are now anticipating over 100 basis points of rate cu...

Mike Vinokur, portfolio manager at MV Wealth Partners with iA Private Wealth FOCUS: North American large caps  MARKET OUTLOOK: We are cautiously optimistic about equity markets given that markets have been able to discount a lot of bad news this ye...

Strength in the energy stocks helped lift Canada's main stock index higher in afternoon trading, while U.S. stock markets also rose. The S&P/TSX Composite Index was up 0.83 points at 20,033.49. In New York, the Dow Jones industrial average was up 127.65...

Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans. Provisions for credit losses totaled $1.26 billion (US$925 million), more than the $870 million analysts had...

Once a hobby of the ultra-rich, fine art collecting has become more accessible to private investors, and one expert says it’s best to approach art investing in much the same way you would a stock or bond. Rob Cowley, Canadian art specialist and president o...

The Bank of Canada today published a report summarizing the feedback it has received to date about a potential digital Canadian dollar. Since 2020, the Bank has engaged widely with Canadians, as well...

Helped transform Berkshire from a failing textile maker into an empireCharles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He...

Provisions for bad loans totalled $1.26 billionBank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans. We apologize, but this video has failed to load. Try refr...

Kim Moody: Poorly thought out proposal sets dangerous precedent of taxing business owners on gross incomeReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through...