Daily News

Blaming lack of retail competition for Kleenex tissue departure is unsupportable nonsense The prime minister and his cabinet have joined a production line of academic theorists about the nature of corporate competition in the grocery business....

Who's to blame for the current state of affairs? To put it simply: war, energy prices and weather In the ongoing debate over the soaring food prices in Canada, it’s tempting to lay the blame at the feet of the most visible players — the grocery...

Deliberations show concerns the pause in September would send message that rate cuts were coming Get the latest from Barbara Shecter straight to your inbox Sign Up When the governing council of the Bank of Canada met at policy-setting...

Part of broader reductions that may climb above 1,000 positions Royal Bank of Canada pushed ahead with a round of job cuts in its capital markets operations, part of broader reductions announced in August that may climb above 1,000 positions an...

Canada's main stock index fell 1.3 per cent Tuesday in a broad-based decline after the latest inflation print came in higher than expected, while U.S. stock markets also moved lower. The S&P/TSX Composite Index closed down 273.94 points, or 1.34 per cent,...

Instacart jumped 16 per cent in its trading debut, showing investors are receptive to the online grocery delivery firm’s pivot to advertising and adding momentum to a rebound for initial public offerings with one of 2023’s biggest listings. Instacart’s sha...

Oil steadied after surging to a 10-month high as broader risk-off sentiment cooled a piping hot rally driven by OPEC+ supply cuts and comments from Saudi Arabia’s energy minister shying away from any change in course. Shrinking supplies have ignited a flur...

David Baskin, chairman and CEO, Baskin Wealth Management FOCUS: North American large caps  MARKET OUTLOOK: It appears that inflation is now likely to be in the three per cent range for the next few months. It is unlikely that North American central b...

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on September 6, 2023. This summary reflect...

Signs of economy's weakness now 'undeniable' Good morning, When the Bank of Canada first began hiking interest rates back in 2022 we were told it could take 18 months to two years for the effects to work through the economy. Well,...