Daily News

Home sales fell almost 6% from September to OctoberHomebuyers are in “hibernation” and some would-be sellers are avoiding the market altogether, the head of Canada’s national real estate association said Nov. 15 upon the release of October figures that showe...

Long-frosty U.S.-China relations show only tentative signs of warmingExecutives from Microsoft Corp., Citigroup Inc., Exxon Mobil Corp. and other large multinationals are converging on San Francisco this week for an audience with Chinese President Xi Jinping...

Stocks climbed while bond yields sank as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and the next move will be a cut in mid-2024. About 95 per cent of the S&P 500 companies rose, with the gaug...

Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago when its results were boosted by the sale of its stake in the PLM loyalty program. The investment holding company says its net loss attributable to equity holders amounted t...

Canada's main stock index gained 1.6 per cent Tuesday in a broad-based rally led by financials, base metals and utilities, while U.S. markets also rallied after the latest release of inflation data helped boost hope that the central bank is done hiking intere...

David Baskin, chairman and president, Baskin Wealth Management FOCUS: North American large caps  MARKET OUTLOOK: Our view is that inflation has peaked in North America and that in spite of occasional hawkish comments from both the Bank of Canada an...

Parkland Corp. says it expects $6 billion in cumulative available cash flow from 2024 to 2028 that it plans to use to fund dividends, share buybacks, growth and debt reduction. The company says it plans to use 25 per cent of the expected cash on dividends...

Industrial stocks will stand to benefit from a rush in infrastructure spending in the months ahead, one analyst says. Maxim Sytchev, managing director at National Bank Financial, told BNN Bloomberg that while the macro environment has been challenging for...

Canada’s central bank will have to cut interest rates faster and further than markets expect to get ahead of a wave of mortgage maturities that threaten a fifth of the country’s discretionary income, according to economist David Rosenberg.(Bloomberg) — Canad...

Victoria Wells: Evidence of schedule's benefits for both employees and employers continues to pile upEmployers may not be able to resist a four-day workweek for much longer if one recent study highlighting even more compelling evidence of the schedule’s bene...