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Abnormally high number of immigrants granted permanent residence between 1982 and 2018 left between 2016 and 2019 Get the latest from Naimul Karim straight to your inbox Sign Up There was a “record spike” in the number of immigrants who left Canada be...

Growth has come to a standstill, Statistics Canada data showCanada has possibly entered a recession if advanced estimates prove correct in showing the economy contracted in the third quarter since gross domestic product was negative in the second quarter, in...

Economy could already be in recession, putting an end to rate hikesThe Canadian economy could already be in a “modest” recession, one economist says, after Statistics Canada released the latest GDP numbers for August and a preliminary forecast for September...

McDonald’s Corp. sales and profits beat expectations in the third quarter thanks to higher prices and movie-inspired ads, but U.S. customer traffic dipped for the first time this year.  Comparable sales — which track restaurants open for at least 13 months...

Payment shocks from mortgages renewing at higher interest rates over the next three years may pose a substantial tail risk to Canadian banks, according to a new report from RBC Capital Markets.  The RBC analyst and associates behind the report published Mo...

Alexander MacDonald, portfolio manager, GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: While geopolitical tensions are grabbing most of the headlines these days, it’s interest rates that are top of mind for i...

While the world is eager to transition to clean energy, an investment expert says investors shouldn’t ignore energy stocks for the time being.   David McAlvany, chief executive officer of McAlvany Financial Companies, said he expects fossil fuel based energy...

Purpose Investments’ top executive says it’s still uncertain if a significant recession will occur or just a mild economic slowdown, but he believes elevated interest rates could take a toll.  Som Seif, the CEO of Purpose Investments, said in an interview...

The latest business news as it happensToday’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Tiff Macklem says government spending muddying in...

Trudeau should be the lead cheerleader in attracting investments to the housing sector, not the enemyHousing construction in Canada has not kept pace with population growth since the early 1970s. But despite the evidence and the realization that insufficient...