Daily News

Canada's main stock index posted a small loss Tuesday, weighed down by energy and metals, while U.S. markets were mixed.  The S&P/TSX Composite Index closed down 34.28 points, or 0.17 per cent, at 20,375.93. In New York, the Dow Jones Industrial Average...

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 global e...

Franco Terrazzano: The problem with Trudeau's money-saving message is there's no savingThere’s only one problem with the federal government’s shiny new messaging about saving money: the feds aren’t actually saving money. We apologize, but this video h...

Market has deteriorated to levels not seen since the financial crisis and it could get worse, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Ontar...

Next interest rate decision baked in as a 'hold' as far as economists and markets are concernedThe Bank of Canada’s next interest rate decision is pretty much baked in as a “hold” as far as economists and markets are concerned although one expert warns that...

Watch Benjamin Tal of CIBC talk about why he thinks the central bank will go slowly on trimming back ratesBenjamin Tal, deputy chief economist at CIBC Capital Markets, talks with Financial Post’s Larysa Harapyn about where interest rates might end up with th...

Wall Street kicked off the week with losses, with both stocks and bonds down in a signal that traders’ aggressive pricing of Federal Reserve rate cuts may have gone too far. A slew of key jobs readings over the next few days will be closely watched for clu...

Canada's main stock index gained more than 200 points Friday on broad-based strength led by base metals, industrials and telecom stocks, while U.S. markets also rose.  The first day of December began on a positive note after a “remarkable” month of Novembe...

Hap Sneddon, president and chief portfolio manager, Castlemoore FOCUS: Technical analysis  MARKET OUTLOOK: Markets are in the strongest part of the year – the late October to April period – and accordingly, investors should be fully invested. Th...

Canada’s biggest banks reported a mixed bag of fourth quarter results last week, and experts are pessimistic about their earnings growth potential in 2024 amid the high interest rate environment. TD Bank, Scotiabank and Bank of Montreal missed earnings est...