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Bleaker outlook doesn't bode well for the federal government, says economist Forecasts are being cut as Canada’s economy groans under the weight of higher-for-longer interest rates. With third-quarter GDP expected to miss what the B...

Jamie Golombek: CRA assumes you receive its correspondence unless you can prove otherwise, as one taxpayer — a mail carrier — found out Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affil...

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large cap stocks  MARKET OUTLOOK: Rising yields are having a negative impact on capital markets as future cash flows get discounted at higher hurdle rates. International geopol...

It was a disappointing initial public offering (IPO) day on Wall Street for Birkenstock, but a retail analyst says the brand is still well-positioned in the footwear category. Shares of the shoemaker opened 11 per cent lower than its initial offer price on...

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis  MARKET OUTLOOK: Last month on BNN Bloomberg, I noted that we were bearish and holding nearly 30 per cent cash in our equity models. We di...

Stocks extended their rebound from oversold levels as traders shrugged off a hotter-than-estimated inflation reading to focus on less hawkish comments from Federal Reserve speakers. Oil fell after an early-week surge. The S&P 500 rose for a fourth straight...

Strength in the utilities, telecommunications and financial sectors helped lift Canada's main stock index higher Wednesday, while U.S. stock markets also rose.  The S&P/TSX Composite Index closed up 162.64 points, or 0.83 per cent, at 19,663.84. In New...

Charlene Hudy, ALPA's Air Canada chair, talks about negotiations, previous bargaining talks and what pilots are hoping to achieve Air Canada pilots started bargaining talks in June amid a global pilot shortage that’s given aviators all over Nor...

Expects some countries to wind up in trouble The prospect that high interest rates will keep constricting the global economy is worrying World Bank officials as they look to the impact on nations nursing large debts. We apo...

Stocks rose and Treasury yields fell after comments from Federal Reserve officials bolstered speculation the central bank is heading toward another pause in interest-rate hikes. Oil edged lower, following its biggest rally since April. The S&P 500 advanced...