Daily News

California and Washington are set to import about 150,000 barrels a day of Canadian crudeU.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows...

Governor Tiff Macklem talks about how the labour market has adjusted to higher interest rates and slower economic growth. He also discusses how a strong, inclusive...

Watch Invesco chief global market strategist Kristina Hooper on where markets and the economy are headedKristina Hooper, chief global market strategist at Invesco, talks with Financial Post’s Larysa Harapyn about how markets and economies might react as cent...

John Ruffolo: We need our private sector and public sector to unite around their complementary strengths, allowing for a true 'Team Canada' approachWhen Bank of Canada senior deputy governor Carolyn Rogers called Canada’s weak productivity growth an “emergen...

Former Millennium Management Asia executive Jonathan Xiong’s new hedge fund pod-shop has signed up Canada Pension Plan Investment Board (CPPIB) and a unit of Singapore’s Temasek Holdings Pte. as additional backers, according to people familiar with the matter...

The ongoing artificial intelligence frenzy that briefly made Nvidia Corp. the world’s most valuable company this week also drove record inflows into tech funds, said Bank of America Corp. strategists. About US$8.7 billion flowed into tech funds in the week...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK: The equally weighted S&P 500 Index is up a respectable five per cent this year but has been left in the dust by the traditional...

Monday, June 24 12:45 p.m. BoC Governor Macklem speaks in Winnipeg Tuesday, June 25 8:30 a.m. Canada Consumer Price Index (May) Earnings: Alimentation Couche-Tard, Carnival Corp, FedEx Wednesday, June 26 Earnings: Blackberry, Nov...

Wall Street’s massive expiration of options not only left stock traders more cautious, it also drove one of the leaders of the bull market to a roller-coaster ride. Volume soared at the close of trading. About US$5.5 trillion were estimated to expire durin...

(Bloomberg) -- Nvidia Corp.’s run as the world’s most valuable company didn’t last long. Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over $220 billion in market capitalization and dragging the company from its place as the...