Daily News

Fans of the tax lost credibility early when they bought estimates that B.C.'s carbon tax had cut emissions a lot with very little painThe April 1st implementation of another hike in the federal government’s carbon tax and the growing prospect that a Poilievr...

Canada’s goal of ensuring at least 20% of new vehicles sold by 2026 are electric seems to be in jeopardy as demand slows Get the latest from Naimul Karim straight to your inbox Sign Up As automakers continue to delay their electric-vehicle plans and r...

The world’s biggest bond market rebounded and stocks closed higher, with traders positioning for key inflation data that will help shape the outlook for the Federal Reserve’s next steps. Treasuries climbed, with 10-year yields dropping from the highest lev...

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Investors in quality companies have had spectacular gains over the past 15 months as North American mar...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and our Monetary Policy Report. Today, we maintained our policy interest rate at...

Monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to s...

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The Bank expe...

Money comes with conditions attached — such as zoning changes that allow for uncontested fourplex constructionLast week, Prime Minister Justin Trudeau unveiled a $6 billion funding initiative aimed at tackling Canada’s housing crisis by providing funds to mu...

Canada's 10 provinces are projecting a combined deficit of more than $30 billion, the largest outside the pandemicFinances have deteriorated in a number of provinces over the past year, but at least one bank believes that rising deficits don’t necessarily me...

Credit rating was cut to AA- by S&P Global Ratings with a negative outlookBritish Columbia’s credit rating was cut to AA- by S&P Global Ratings with a negative outlook — its third downgrade in three years — after the provincial government decided to ramp up...