Daily News

All the job gains were part-time, while full-time jobs fell Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s unemployment rate ticked up to 6.2 per cent in May despite adding 27,000 jobs, as economists continue to wager on whet...

Competition has taken on a Squid Game vibe, as pressure rises to make EVs affordable and attract buyersThe automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for U.S. car b...

Watch Leah Zlatkin on how the rate cut will affect the housing market and mortgagesLeah Zlatkin, mortgage broker and Lowest Rates expert, talks to the Financial Post’s Larysa Harapyn about how the Bank of Canada’s interest rate cut will affect mortgages and...

Inflation is finally getting back under control but voters are still angry about the steep hikes in many prices over the past four yearsGovernments and central banks are clearly winning the war against inflation, which is falling in most countries. Yet the h...

The global bond market lost steam after notching its longest winning run in 2024 as the European Central Bank raised its inflation forecasts after delivering a widely expected rate cut. In a historic move that saw the ECB slashing borrowing costs ahead of...

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps, ETFs MARKET OUTLOOK: Global equity markets have experienced a remarkable rally over the past several months, defying expectations of a potential economic slo...

McLister: Yes, five-year fixed rates provide robust payment protection at a fair cost, but they are about as flexible as a frozen turkeyAfter a 27-month anxiety marathon that saw 475 basis points of rate hikes, Bank of Canada governor Tiff Macklem turned int...

Although the new rules only came into play for 2023, the Canada Revenue Agency can still challenge older real estate “flips”Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purc...

  The world’s largest technology companies drove stocks toward all-time highs, while bond yields fell with traders almost fully pricing in two Federal Reserve rate cuts in 2024. The S&P 500 was set for its 25th record this year as Nvidia Corp. led a ral...

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years.  Here's what it could mean for your finances: What does it mean for consumers and prime rates?  The Bank...