Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monet...
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monet...
Pace of housing starts down 11%, seen as further drag on GDP The pace of housing starts in Canada fell 11 per cent in March as high interest rates continued to make conditions difficult for developers, according to the latest data from the Cana...
Scotiabank economist estimates strike could cost government $200 million a day The reaction from business to the decision by the Public Service Alliance of Canada (PSAC) to trigger one of the biggest strikes in Canada’s history was universally...
Technical tidal wave may be coming for the biggest slice of the US$10-trillion market for corporate bonds Last month’s banking drama means a technical tidal wave may be coming for the biggest slice of the US$10-trillion market for corporate bon...
Donald Trump’s surge in the polls after his indictment has sidelined some major Republican donors, who are losing confidence that Florida Governor Ron DeSantis or any other GOP hopeful will displace the former president as the party’s leader. (...
A prominent short-seller is taking aim at Canadian fintech company Nuvei Corp. for a second time. Spruce Point Capital Management said on Tuesday that it had a short position in Montreal-based Nuvei following the release of a report that raised concerns ab...
Christine Poole, CEO and managing director, GlobeInvest Capital Management FOCUS: North American Large Cap stocks MARKET OUTLOOK: Financial conditions have tightened considerably following the U.S. banking crisis in early March. The aftershocks ha...
Stocks were little changed as traders weighed earnings from some of the largest American banks and comments from two Federal Reserve officials who favor continued rate hikes to fight inflation. The S&P 500 edged higher. The Cboe Volatility Index hit its lo...
A Group of Seven pact aimed at weakening Russia’s influence on the nuclear energy market will likely bolster Canada’s own industry, Natural Resources Minister Jonathan Wilkinson said. “For Canada, there is a real opportunity in terms of supply of uranium,”...
Even grocery prices are rising at a slower pace OTTAWA — Canada’s annual inflation rate fell to 4.3 per cent in March as higher mortgage interest costs were offset by lower energy prices. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Su...