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TD cutting 3,000 jobs, sets aside more money than forecast for potentially souring loansToronto-Dominion Bank missed analysts’ earnings estimates after setting aside more money than forecast for potentially souring loans and announcing a restructuring charge...

GDP shrinks in third quarter as exports, household spending and business investment decline Get the latest from Naimul Karim straight to your inbox Sign Up The Canadian economy declined in the third quarter due to a decrease in exports, flat household...

Enbridge Inc. is raising its dividend as it expects its business to continue to grow next year. The company also reaffirmed its full year guidance for 2023 for earnings before interest, income taxes and depreciation and distributable cash flow. Enbridge...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: In October, global financial markets declined as volatility surged on a spike in both geopolitical and interest rate risk, with equities...

The rally that’s driving global bonds to their best month since 2008 gained further traction, with Treasuries climbing on bets the Federal Reserve will be able to start cutting rates in the first half of 2024. Hopes for a Fed pivot intensified after econom...

Canada's main stock index posted a small gain Wednesday, led higher by financials and battery metals, while U.S. markets were mixed. The S&P/TSX Composite Index closed up 79.43 points, or 0.40 per cent, at 20,116.20. In New York, the Dow Jones Industria...

Media entrepreneurs who had been making gains with subscribers, advertisers getting hurtCanadian media companies are caught in the middle of a standoff between Silicon Valley and Prime Minister Justin Trudeau’s government, with their audiences unable to acce...

Multi-family properties emerging as top investor favourite in 2024Canada’s housing shortage is starting to draw the attention of global investors who are likely to favour Canadian multi-family properties in 2024, a major real estate investment management fir...

Central bank will only be able to cut by 100 basis points, Stefane Marion saysCanadian house prices that remain elevated due to record population growth, but despite restrictive monetary policy, complicate the Bank of Canada’s inflation fight, a top economis...

Economist says central bank needs to cut up to 3 percentage points to avoid severe recessionHistoric levels of household debt are straining the finances of Canadians to the point that it will be impossible for the Bank of Canada to keep interest rates at cur...