Daily News

Canopy Growth Corp.’s CEO urged investors to stay on board Friday after the cannabis company reported a $324.8 million net loss in its second quarter on Thursday. The loss is compared with a $305.8 million net loss in the same quarter last year, and includ...

The insurance industry still has pricing power over consumers and an expert says investors could stand to benefit from this. Cathy Seifert, vice president of research at CFRA, told BNN Bloomberg that she is bullish on property casualty insurance, reinsuran...

Canada's main stock index rose to make a small gain Friday, buoyed by strength in energy stocks, while U.S. markets rallied to end the week, led by a two-per-cent gain on the Nasdaq.  The S&P/TSX Composite Index closed up 67.06 points, or 0.34 per cent, at...

Optimism wanes that interest rates will fall quicklyCanadian consumers are increasingly forgoing mortgages with terms of less than three years, a shift the Canada Mortgage and Housing Corp. (CMHC) sees as a sign of waning optimism that interest rates will de...

Petitioners so focused on demonizing Israel they ignore the blatant human rights violations by HamasI have just added 700 names to our law firm’s never-hire list. We apologize, but this video has failed to load. Try refreshing your browser, ortap here...

Underestimating population growth erodes reliability of readings on jobs, housing and productivityBy Dylan Smith and Atakan Bakiskan A thoughtful approach to immigration has been a historical strength of Canadian economic policy. The recent post-COVID-19 im...

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...