Daily News

  Viking Holdings Ltd. priced its initial public offering near the top of a marketed range to raise US$1.54 billion for the luxury cruise operator and two investors. Viking is offering 11 million shares and the selling shareholders are offering about 53...

The world’s biggest bond market surged as Jerome Powell downplayed the possibility of rate hikes and the Federal Reserve said it will shrink its balance sheet at a slower pace to ease strains in money markets. Treasuries climbed across the curve, with two-...

Gildan Activewear Inc. says it earned US$78.7 million in its first quarter, down almost 20 per cent from US$97.6 million a year earlier. The Montreal-based clothing manufacturer, which reports its financial information in U.S. dollars, says diluted earning...

Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery. The Calgary-headquartered company says that compares to earnings of $77 mill...

Cole Kachur, portfolio manager and senior investment advisor, Wellington-Altus Private Wealth FOCUS: North American stocks, ETFs  MARKET OUTLOOK: Markets continue to be range-bound, coming down slightly from their most recent highs but also staying...

Great-West Lifeco Inc. says it earned $960 million in the first quarter, up from $595 million a year earlier. The Winnipeg-based company says it exceeded $1 billion in quarterly base earnings for the first time, building on strong momentum from 2023. Ne...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monet...

Kim Moody: Intergenerational fairness and asking the so-called rich to pay more tax via an increased capital gains inclusion rate is quite a leap of logicReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an...

'It is increasingly difficult to build pipelines in this country,' says CEO Get the latest from Naimul Karim straight to your inbox Sign Up Cenovus Energy Inc. has its eyes set on a “pretty vast market” as it gets set to make the most of the Trans Mou...

Decrease over six-month period biggest outside pandemic periodThe Greater Toronto and Hamilton Area (GTHA) condo rental market has experienced a significant downturn, marked by the largest six-month decrease in rent prices in the past 15 years.  We ap...