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Source: Financialpost December 07, 2022

Opinion: The Parliamentary Budget Officer just debunked climate alarmism

This is the opposite of an 'emergency' or 'crisis' By Ross McKitrick We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Opinion: The Parliame...

Source: Financialpost December 07, 2022

Opening the door to a pause: What economists say about the Bank of Canada decision

Language signals future hikes are no longer a foregone conclusion Bank of Canada governor Tiff Macklem delivered another 50-basis-point rate hike Wednesday, pushing the benchmark overnight lending rate to 4.25 per cent....

Source: Financialpost December 07, 2022

Big banks raise prime rate to 6.45% following Bank of Canada hike

Rate will go up by 50 basis points on Dec. 8 Canada’s big banks fell into step with the Bank of Canada and raised their prime lending rates Wednesday. We apologize, but this video has failed to load. Try refreshing your...

Source: Financialpost December 07, 2022

Mortgage rates to soar higher after latest interest rate increase, but end of hiking cycle in sight

Big banks raise prime lending rate from 5.95% to 6.45% The Bank of Canada’s half-point interest rate hike on Wednesday spells further trouble for indebted homeowners and those trying to get into the housing market, who will now have to contend...

Market Call Source: BNN Bloomberg December 06, 2022

Stephen Takacsy's Top Picks: December 5, 2022

Stephen Takacsy, president, chief executive officer and chief investment officer, Lester Asset Management FOCUS: Canadian stocks   MARKET OUTLOOK: Volatility continues to rule stock and bond markets as investors try to anticipate an end to the aggr...

Source: Financialpost December 06, 2022

Posthaste: What the Bank of Canada hike will mean for mortgage borrowers

First-time home buyers now paying over $500 more in monthly payments than if they bought last year Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made t...

Source: Financialpost December 06, 2022

Thousands of businesses that received CEWS may not have been eligible: auditor general

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Works out to 51,0...

Economy Source: Financialpost December 06, 2022

'Exaggerated' pandemic benefits fuelled 'excess demand,' driving steeper rate hikes: Scotiabank

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Scotiabank estima...

Source: Financialpost December 05, 2022

Last time Canada's yield curve inversion was this steep was just before the early 1990s recession

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC An inversion ofte...

Source: Financialpost December 05, 2022

GM converts Ontario plant to Canada's first full-scale electric vehicle maker

First BrightDrop electric delivery vans rolled off the line Monday The first electric delivery vans rolled off the line Monday at a General Motors Co. plant in Ingersoll, Ont., that has been making gas-powered vehicles for more than three decad...