Daily News

Canada's main stock index ticked lower Thursday amid broad-based weakness, while U.S. markets moved higher, led by the technology sector.  The S&P/TSX Composite Index was down 40.99 points, or 0.21 per cent, at 19,942.70. In New York, the Dow Jones Indu...

Episode 197 of Down to Business podcast Get the latest from Gabriel Friedman straight to your inbox Sign Up Variable-rate, fixed-payment mortgages were all the rage in Canada during the pandemic when interest rates were at rock bottom...

Other central banks, including the Fed, may have to push rates deeper into restrictive territory The Bank of Canada’s decision to resume raising interest rates shook global bond markets and underscored the difficult task faced by central banks...

Central bank's rate increase breathes new life into most aggressive hiking cycle in recent memory In a span of a couple of months, talk about Canada’s economy has gone from recession worries and interest rate cuts to things being too hot to han...

Productivity growth is key to breaking the momentum By Ted Carmichael THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria...

'Risk of a recession is clearly lower than we thought at the start of this year' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: B...

The Bank of Canada did exercise patience, but not enough The Bank of Canada pulled an RBA and hiked rates on June 7 with the market mostly (call it 60-40) priced for no move and more than 80 per cent of Bay Street economists believing the centr...

A drop in tech shares drove U.S. stocks lower, while Treasuries retreated after a surprise Bank of Canada rate increase fueled bets the Federal Reserve is not done with its own tightening. The Nasdaq 100 fell 1.8 per cent, with the likes of Alphabet Inc. a...

Canada's main stock index moved lower Wednesday as the market digested an interest rate hike by the Bank of Canada, while U.S. markets were mixed.  The S&P/TSX Composite Index was down 71.91 points, or 0.36 per cent, at 19,983.69. In New York, the Dow J...

Speaking a day after we raised interest rates, Deputy Governor Paul Beaudry talks about what Governing Council considered in its decision. He also suggests reasons w...