Opening Statement before the House of Commons Standing Committee on Finance
Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Mon...
Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Mon...
The 'Zoom wave' is as much a remote-work ritual as wearing sweatpants with a business-friendly topIt happens at the end of most virtual meetings: One person waves goodbye, and colleagues follow suit. Why we still do this, nearly four years after remote work...
Watch CIBC economist Benjamin Tal on why the Bank of Canada might start cutting rates before it hits its 2% inflation targetBenjamin Tal, deputy chief economist at CIBC, speaks with Financial Post’s Larysa Harapyn about the latest Bank of Canada interest rat...
The myth that bond funds qualify as fixed income in an investment portfolio should finally be put to rest. Yields on bonds and guaranteed investment certificates (GICs) have skyrocketed on the back of a nearly five per cent increase in interest rates in l...
Retail stocks have been under pressure as investors fear a looming recession, but one analyst has named stocks he considers a buy as consumer spending shows no signs of slowing down. Brian Nagel, equity research analyst at Oppenheimer, told BNN Bloomberg...
Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks MARKET OUTLOOK: Energy markets are grappling with an enormous amount of uncertainty, both with respect to the prospect for regional and global recessions...
A rebound in stocks sputtered, with the S&P 500 extending a slide from its July peak to 10 per cent — and entering a “correction.” Oil topped US$85 and gold hit $2,000 amid the latest geopolitical developments. Volatility resurfaced on news that Israeli fo...
Monday, Oct. 30 Notable data: Bloomberg Nanos Confidence Notable earnings: Athabasca Oil, Westshore Terminals, NexGen Energy, Paramount Resources, Gibson Energy, Stelco Holdings, Air Canada, Fairfax Financial Holdings, TMX Group, McDonald’s, Dye & Dur...
The latest business news as it happensToday’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Ottawa posts $4.3-billion deficit between April a...
'The downtime is costly, and the financial implications are considerable'Life’s unusually quiet on Canada’s main trade gateway to the Atlantic Ocean, which carried goods to Europe and beyond. We apologize, but this video has failed to load. Try refres...