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Big banks follow suit after surprise quarter-point hike Canadian banks announced they were raising their prime lending rates after the Bank of Canada surprised markets by hiking it benchmark interest rate on June 7. THIS CONTENT IS RESE...

CFIB says 250,000 small businesses at risk of closure if CEBA loan repayment deadline not extended We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

Economists expect another rate hike either today or in July The Bank of Canada probably isn’t done raising interest rates. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canad...

Economic optimism in the U.S. and a rally in big tech stocks has the S&P 500 closing in on a bull market, and while some investors may want to act quickly, experts are urging caution. The S&P 500 has climbed nearly 20 per cent since an October low, reachin...

Canada's main stock index posted modest gains Tuesday with strength in energy, financials, tech and base metals boosting the index ahead of Wednesday's Bank of Canada interest rate announcement, while U.S. markets ended in the green after a mixed trading day....

U.S. stocks gained Tuesday as a rotation into financial shares bolstered hopes the breadth of the S&P 500’s recent rally might extend beyond technology soon.  The benchmark index rose 0.2 per cent as a decline in Apple Inc.’s stock took the air out of a te...

Andrew Pyle, senior investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities  MARKET OUTLOOK: In my opinion, U.S. and European stocks are looking overbought with little incremental positive news on the horizon, now t...

The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is also continuing its policy of quantitative tightening. Gl...

Canadians are under financial stress and don't feel good about direction of economy, polls say More rate hikes by the Bank of Canada could “spell trouble” for a growing number of Canadians facing financial headwinds, Angus Reid Institute said i...

Integration of two airlines could be the end of the ultra low-cost model, say experts When WestJet Group launched Swoop in 2018, it said the ultra-low-cost airline would operate independently, with its own fleet of aircraft, management team and...