Daily News

The world’s biggest bond market rebounded and stocks closed higher, with traders positioning for key inflation data that will help shape the outlook for the Federal Reserve’s next steps. Treasuries climbed, with 10-year yields dropping from the highest lev...

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Investors in quality companies have had spectacular gains over the past 15 months as North American mar...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and our Monetary Policy Report. Today, we maintained our policy interest rate at...

Monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to s...

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The Bank expe...

Money comes with conditions attached — such as zoning changes that allow for uncontested fourplex constructionLast week, Prime Minister Justin Trudeau unveiled a $6 billion funding initiative aimed at tackling Canada’s housing crisis by providing funds to mu...

Canada's 10 provinces are projecting a combined deficit of more than $30 billion, the largest outside the pandemicFinances have deteriorated in a number of provinces over the past year, but at least one bank believes that rising deficits don’t necessarily me...

Credit rating was cut to AA- by S&P Global Ratings with a negative outlookBritish Columbia’s credit rating was cut to AA- by S&P Global Ratings with a negative outlook — its third downgrade in three years — after the provincial government decided to ramp up...

Kim Moody: Tax reform and review needs to happen to counter the negative consequences of our tax system being tipped overReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchas...

The world’s biggest bond market kicked off the week on the back foot as geopolitical pressures abated and traders positioned for this week’s key inflation data.   Treasury 10-year yields rose to the highest since November and came within a striking dist...