Daily News

McDonald’s Corp. sales and profits beat expectations in the third quarter thanks to higher prices and movie-inspired ads, but U.S. customer traffic dipped for the first time this year.  Comparable sales — which track restaurants open for at least 13 months...

Payment shocks from mortgages renewing at higher interest rates over the next three years may pose a substantial tail risk to Canadian banks, according to a new report from RBC Capital Markets.  The RBC analyst and associates behind the report published Mo...

Alexander MacDonald, portfolio manager, GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: While geopolitical tensions are grabbing most of the headlines these days, it’s interest rates that are top of mind for i...

While the world is eager to transition to clean energy, an investment expert says investors shouldn’t ignore energy stocks for the time being.   David McAlvany, chief executive officer of McAlvany Financial Companies, said he expects fossil fuel based energy...

Purpose Investments’ top executive says it’s still uncertain if a significant recession will occur or just a mild economic slowdown, but he believes elevated interest rates could take a toll.  Som Seif, the CEO of Purpose Investments, said in an interview...

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: Tiff Macklem says government spending muddying in...

Trudeau should be the lead cheerleader in attracting investments to the housing sector, not the enemyHousing construction in Canada has not kept pace with population growth since the early 1970s. But despite the evidence and the realization that insufficient...

Bank's assessment of increased inflationary risks at odds with forecasts of economic weakness, Capital Economics says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthas...

By 2026, when $400-billion worth of mortgages are set to renew, increase in monthly payments could be as high as 48%With 60 per cent of Canadian mortgages set to come up for renewal within the next three years, homeowners are facing a “payment shock” unless...

Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Mon...