Daily News

Despite the hawkish tone, the central bank's 'next move is clearly a cut,' say economistsThe Bank of Canada is holding its benchmark lending rate at five per cent, but warned that it was prepared to hike  rates again if necessary, adding a hawkish overtone —...

The president of a housing co-operative currently fundraising to build its first residence says the living model can help alleviate Canada’s housing affordability crisis. Lindsay Harris is president of B.C.-based non-profit housing cooperative Propolis, wh...

Andrew Pyle, senior portfolio manager and senior investment advisor, CIBC Wood Gundy FOCUS: North American equities   MARKET OUTLOOK: The double-digit gains in stocks and a five per cent lift in North American bond aggregates will likely move us in...

Treasuries resumed their rally on Tuesday as further labor-market slowdown reinforced speculation the Federal Reserve will be able to cut interest rates next year to prevent a recession. Benchmark 10-year yields that briefly topped 5 per cent in October br...

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...