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A joint venture that includes Blackstone Inc. and Canada Pension Plan Investment Board has won a stake in a nearly US$17 billion portfolio of commercial-property loans from the failed Signature Bank.  The companies are also partnering with funds affiliated...

Canada’s stock market is poised for a good year of returns in 2024, experts say, with a pause in the interest rate environment expected to lift several key sectors higher. Canada's stock market underperformed its U.S. counterpart in 2023 is because it is m...

Darren Sissons, vice-president and partner, Campbell, Lee & Ross FOCUS: Global and technology stocks  MARKET OUTLOOK: For investors, December is always a tricky time of year, but more so this year given the complex trading environment in 2023. This...

Wall Street went all in on stocks and bonds this week after Jerome Powell signaled the Federal Reserve’s aggressive hiking campaign is nearing its end. The U.S. central bank left its benchmark rate unchanged as policymakers pivoted away from further rate h...

Monday, Dec. 18 Notable data: Bloomberg Nanos Confidence, New Housing Price Index (November), Construction Investment (October), NAHB Housing Index (December) Tuesday, Dec. 19 Notable data: Consumer Price Index (November), Industrial Product...

Top economist says Canada is headed for a hard landingEconomist David Rosenberg, founder and president of Rosenberg Research, talks with the Financial Post’s Larysa Harapyn about the outlook for Canada’s economy, the Bank of Canada, the Canadian dollar and g...

The latest business news as it happensToday’s 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: EVs pile up at U.S. dealers as inventories hit record...

Ottawa is removing the credit for taxes already paid on any dividend income that financial institutions earn. Who will pay? All of usTucked into the 500-page Notice of Ways and Means Motion Finance Minister Chrystia Freeland released last month is an insidio...

It's still too early to consider undoing the most aggressive series of rate hikes in decades, central bank governor saysCutting the Bank of Canada’s policy interest rate doesn’t seem to be top of mind for governor Tiff Macklem, who said Dec. 15 that it’s sti...

The rally in stocks driven by the Federal Reserve’s dovish tilt and bets on a soft economic landing lost a bit of steam Thursday amid speculation the market has run too far, too fast. After a surge that put the S&P 500 within a striking distance of its all...