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Canadians are still spending despite high inflation and interest rates Sales at retail stores are on the rise after two months of declines, suggesting Canadians’ spending power remains resilient despite tightening economic conditions. T...

Hot economic data convinced Governing Council higher rates were needed sooner to cool inflation OTTAWA — The Bank of Canada’s Governing Council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the f...

One of Wall Street’s most bearish strategists isn’t giving in to the bullish about-turn in equities, saying investors may be in for “a rude awakening.” Morgan Stanley’s Michael Wilson, whose outlook for a market slump in 2023 has yet to materialize, said f...

A Canadian portfolio manager says the traditional “60/40” portfolio made up of equities and bonds is not working amid elevated inflation, and he has a new framework to suggest for investors. Robert Wilson, head of portfolio construction consultation servic...

Brett Girard, chief financial officer and portfolio manager, Liberty International Investment Management  FOCUS: North American and global stocks  MARKET OUTLOOK: The lagging effects of higher interest rates are not evenly distributed. This is caus...

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 7, 2023. This summary reflects dis...

Cost much more more than initially estimated In May 2020, the federal government announced a ban on 1,500 types of what it called “assault-style” firearms. As part of this ban, it has promised to provide “fair compensation” to gun owners whose...

Asking about permanent residency status can be discriminatory, recent ruling finds By Howard Levitt and Kathryn Marshall  THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada...

Victoria Wells: Canadians aren't using their vacation days and they're only hurting themselves Canadians are complaining they have too much to do at work, yet many are also failing to use their vacation time, which could be why 36 per cent of p...

Among group of countries including Australia, Sweden and South Korea with elevated levels of household debt A growing chorus of investors is buying bonds from certain developed nations where they believe interest rates will be cut sooner and fa...