Daily News

Carolyn Rogers warns interest rates aren't likely to return to pre-pandemic levels any time soonBank of Canada senior deputy governor Carolyn Rogers laid out the central bank’s view of the interest rate path going forward at an event in Vancouver Nov. 9 and...

Cuts aimed at assuring Canadians that fiscal responsibility is a priority amid high interest rates and stubborn inflationPrime Minister Justin Trudeau’s government has unveiled the details of $500 million in spending cuts, aiming to assure Canadians that fis...

Treasury yields surged, while stocks finished lower as Jerome Powell threw cold water on Wall Street’s dovish wagers. Just eight days after his speech had fueled bets the U.S. Federal Reserve was done with hikes, Powell said officials won’t hesitate to tig...

The Canada Pension Plan Investment Board earned a net return of 0.1 per cent in its second quarter. The fund manager says it saw losses in fixed income and weakness in public equities as global markets declined. Offsetting the losses were strength in cr...

Hardware stocks with a focus on memory technology have been lacklustre performers for the past few years, but one analyst says several companies in the space are about to post revenue pick ups.   Matt Bryson, equity research analyst covering enterprise hardw...

  Canada’s federal housing agency is preparing a sale of as much as $8.5 billion in bonds as soon as next week, according to people familiar with the matter.  Canada Mortgage and Housing Corp. will likely take orders for its planned transaction — consis...

Paul Gardner, partner and portfolio manager, Avenue Investment Management FOCUS: REITS, bonds, and dividend stocks MARKET OUTLOOK: The tale of two markets. The bond market finally gives the investor an attractive yield, specifically in the two-year...

Strength in energy stocks helped Canada's main stock index eke out a small gain Thursday, while U.S. markets moved lower, led by weakness on the Nasdaq.  The S&P/TSX Composite Index closed up 57.20 points, or 0.28 per cent, at 19,587.41. In New York, th...

Hourly wage needed to cover basic expenses in Calgary for 2023 is $23.70. Alberta's minimum wage remains $15/hourA family of four — two parents, two children — living in Calgary on a combined $100,000 per year once sounded comfortable. That’s no longer the...

Report warns world risks running out of freshwater by 2040 It’s something we use everyday — couldn’t survive without, actually — and often take for granted. Yet freshwater could run out by 2040 at our current rate of consumption, says a report by BofA Glo...