Daily News

This downturn will come in the next few quarters, not the next few yearsThe year 2023 has been a “soft landing” transition much like 2007, when the consensus and many market participants mistakenly assumed the recession would never come, and failed to see th...

GDP will be flat this quarterCanada will dodge a recession by a narrow margin, economists say, but elevated interest rates will keep economic growth near zero for a while. We apologize, but this video has failed to load. Try refreshing your browser, o...

Waseca formation holds heavy oilA hot spot for Canadian oil drillers is emerging in a tiny corner of eastern Alberta, drawing companies including Canadian Natural Resources Ltd. and Baytex Energy Corp. in search of cheaper, lower-emissions heavy crude....

'Although less than 50%, the probability of a rate increase in our opinion is not negligible' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bank of Canada expec...

Kevin Carmichael: Policymakers know too little about what drives entrepreneurs and executives Get the latest from Kevin Carmichael straight to your inbox Sign Up Abacus Data conducted a fascinating survey recently of smaller companies for Business Dev...

UAW strike in its sixth week has underscored widening disparity between stagnant wages and ballooning living costsWith the United Auto Workers strike entering its sixth week, the ongoing dispute has underscored a widening disparity between stagnant wages and...

Oil posted a second weekly gain as developments in the Middle East raised concerns that the conflict may spread, though U.S. efforts to delay Israel’s invasion of Gaza caused prices to edge down on Friday.  After initially resisting a delay in what officia...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high yield bonds MARKET OUTLOOK: It appears that central banks are gradually winning their war against inflation. The consumer price index is rising at a m...

Monday, Oct. 23 Notable data: Bloomberg Nanos Confidence Notable earnings: TFI International, PrairieSky Royalty Tuesday, Oct. 24 Notable data: New Housing Price Index, U.S. S&P Global PMIs, CFIB Business Barometer Notable earnings: Premium Brands...

Stocks fell around the world, while bonds climbed with gold on concern the Israel-Hamas war will escalate into a wider conflict in the Middle East. Oil pulled back after hitting US$90 a barrel. The S&P 500 dropped over one per cent, notching its worst week...