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Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities  MARKET OUTLOOK: The market is beginning to adopt the view of a perfect, U.S. Federal Reserve-orchestrated, economic soft landing; slaying high inflation while maintai...

Sun Life Financial Inc. says it earned $749 million in the last quarter of 2023, down from $1.2 billion during the same quarter a year earlier.  The insurance company says diluted earnings per share in its fourth quarter were $1.28, down from $1.98 a year...

Indicators the central bank is watching paint 'a mixed picture' of underlying inflation Get the latest from Barbara Shecter straight to your inbox Sign Up The Bank of Canada believes current interest rates are high enough to bring inflation under cont...

Some Canadians will be pushed to payday lenders and higher interest costs or to loan sharksLesson one when regulating Canada’s financial system is ensuring the cure isn’t worse than the disease. We apologize, but this video has failed to load. Try ref...

Governor says housing affordability can't be fixed by raising or lowering interest ratesRising shelter costs are now the biggest contributor to above-target inflation, but Bank of Canada governor Tiff Macklem said the central bank is powerless to address the...

Canada's housing shortage boils down to a forecasting failure, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada is underestimating the number...

Loans beginning to sour as rising interest and vacancy rates erode value of office towersThe troubles in the United States commercial property market, which have already hit banks in New York and Japan, moved to Europe this week, elevating fears about broade...

  The world’s biggest bond market rebounded, with traders gearing up for a record US$42 billion sale of 10-year Treasuries after a solid start to this week’s ramped-up issuance sizes. Following a selloff that drove two-year yields to their highest since...

Snap Inc. reported disappointing revenue in the holiday quarter as the company continues to reel from a slump in the digital advertising market. The shares tumbled almost 30 per cent in extended trading. In the fourth quarter, revenue increased 5 per cent...

Strength in base metal stocks helped lead modest but broad-based gains on Canada's main stock index, while U.S. markets ticked higher. The S&P/TSX Composite Index closed up 85.85 points, or 0.41 per cent, at 20,957.74. In New York, the Dow Jones Industr...