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The Bank of Canada’s decision to keep its overnight lending rate on hold at an elevated level is driving some investment professionals to move money into the bond market and consumer staples as a defensive strategy.    The central bank decided to hold its b...

Canada's main stock index stepped lower Wednesday despite strength in energy stocks and battery metals, while U.S. markets fell.  The S&P/TSX Composite Index closed down 38.64 points, or 0.2 per cent, at 18,947.85. In New York, the Dow Jones Industrial...

Wall Street grappling with a batch of corporate earnings sent stocks lower on Wednesday amid heightened Treasury volatility, with traders also keeping an eye on the latest geopolitical developments. The S&P 500 dropped about 1.5 per cent. The Nasdaq 100 sa...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: While the market assesses the next fundamental catalyst or technical signal, your BSD portfolio management team will continue to trim thos...

The Bank of Canada today announced that Nick Leswick has been appointed to the new role of Executive Director of Policy, effective January 9, 2024. Reporting to the Senior Deputy Governor, Mr. Leswic...

Canadians' tax burden isn't actually that high. But it tilts toward income taxes levied at steep rates. Using the GST more would helpBy Allan Lanthier Do you think your taxes are too high? Well, join the club: the Fraser Institute says that nearly three-qua...

The latest business news as it happensToday’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Montreal to ban most natural gas heating, cooking...

Central bank held its benchmark interest rate steady at 5% for the second consecutive time Get the latest from Barbara Shecter straight to your inbox Sign Up Bank of Canada governor Tiff Macklem says the runway for a soft landing is narrowing, but he...

Bank holds at 5%, its second consecutive pauseThe Bank of Canada held its benchmark interest rate at five per cent on Oct. 25, its second consecutive pause, meeting economist expectations amid a slowdown in the economy. We apologize, but this video ha...

The slowdown has arrived — and with it, the likely end of a historic campaign of rate increasesThe slowdown economists have been warning about has arrived in Canada — and with it, the likely end of the Bank of Canada’s historic campaign of rate increases....