Daily News

Michael Burt and Pedro Antunes: By alleviating labour market pressure, the surge in immigration is deflationary By Michael Burt and Pedro Antunes  In the 12 months ending in March 2023, Canada welcomed nearly 1.2 million new people, a record for a one-year...

Wall Street turned a blind eye on Jerome Powell’s attempt to curb bets on rate cuts, with stocks and bonds climbing on speculation the Federal Reserve will stay put this month and ease policy in 2024. While the Fed chief said officials are ready to hike fu...

Strength in base metal, energy and industrial stocks helped Canada's main stock index rise more than 100 points in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 107.31 points at 20,343.60. In New York, the...

Brianne Gardner, Senior Wealth Manager, Velocity Investment Partners, Raymond James FOCUS: North American large caps   MARKET OUTLOOK: As we delve into the economic landscape in the U.S., recent market performance tells a story of resilience and re...

  National Bank of Canada reported its fourth-quarter profit rose compared with a year ago and raised its dividend. The bank said Friday it will now make a quarterly payment to shareholders of $1.06 per share, up from $1.02. National Bank says it ear...

Monday Dec. 4 U.S. Factory Orders (October) Tuesday Dec. 5 U.S. ISM Services PMI (November) Notable earnings: Descartes Systems, Autozone, J M Smucker Wednesday Dec. 6 Canada: Labour Productivity (third quarter), Merchandise Trad...

Poll finds most don't know cost of tax on vehicle and home heating fuels We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: 70% of Canadians don't understand what th...

Muted 2024 outlook as banks take higher provisions for credit losses Get the latest from Barbara Shecter straight to your inbox Sign Up Are Canada’s big banks just taking their usual conservative approach or are there signs of more trouble ahead in th...

Rising unemployment rate and a drop in hours worked signal mounting economic weaknessCanada’s labour market beat expectations with jobs gains, but a rising unemployment rate and a drop in hours worked signal mounting economic weakness toward the end of this...

Stocks saw a late-day rebound — notching one of their biggest November gains on record — in a surge fueled by speculation the Federal Reserve will end its interest-rate hikes and cut rates next year. This month’s US$3 trillion surge in the S&P 500 put the...