Daily News

The head of Rothschild & Co.’s Canadian office has left the storied investment bank as it grapples with a prolonged slump in dealmaking that’s hurt the entire industry. Alex Graham and two colleagues in Canada have left the Paris-based firm in recent month...

Alberta Investment Management Corp., one of Canada’s largest pension plans, is opening a New York office as it pushes further into private credit investing. The $164 billion pension is looking to grow its $6 billion of private credit assets by a couple of...

Shares of Shopify Inc. were under pressure in Tuesday trading after the e-commerce giant reported quarterly results and cost projections that spooked investors, but analysts say the company is still headed in the right direction. Ottawa-based Shopify saw i...

Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds.  Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sol...

Canada's main stock index lost more than two per cent on Tuesday on a broad-based decline, following U.S. markets as they slid on news that inflation in January was hotter than expected.  U.S. prices rose 3.1 per cent compared with January 2023, lower than...

Kim Moody: Incomprehensible new tax legislation combined with fewer accountants may crash in a horrible wreckReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thro...

Higher purchase price and more costly repairs to drive up insurance premiums for EVs, says DBRS We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: If Canadians think...

Surtaxes on grocery chain profits won't lower food prices. But shutting agriculture ministries would save money and improve efficiencyMany Canadians are unhappy about the food sector; they say high food prices are squeezing households. There are competing vi...

The latest business news as it happensToday’s 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: TSX falls over 500 points, U.S. stocks plunge in mark...

Wall Street kicked off the week with small moves in stocks, bonds and the dollar ahead of inflation figures that will help define the scope and timing of Federal Reserve rate cuts. Less than 24 hours before the consumer price index, the S&P 500 wavered. Wh...