Daily News

The rally in bonds around the globe gained further traction, with soft economic readings in both the U.S. and Europe fueling speculation that major central banks will cut rates in the year to come. Just two days ahead of the U.S. jobs report, data showed t...

Canada's main stock index was down more than 100 points on Wednesday, dragged lower by losses in energy as oil sank below US$70 a barrel, while U.S. markets were also down.  The S&P/TSX Composite Index closed down 101.72 points, or 0.5 per cent, at 20,274....

Speaking a day after we decided to hold interest rates steady at 5%, Deputy Governor Toni Gravelle discusses immigration, inflation and the role that newcomers play...

Azerbaijan’s President Ilham Aliyev on Wednesday warned France and India against providing Armenia with weapons he deems a threat, saying such supplies could trigger a new war in the region.(Bloomberg) — Azerbaijan’s President Ilham Aliyev on Wednesday warne...

Total consumer credit rose to $2.4 trillion in Q3, Equifax says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadians missing mortgage payments as credit card...

But central bank not ready to declare battle against inflation won Get the latest from Barbara Shecter straight to your inbox Sign Up The Bank of Canada held its key overnight interest rate at five per cent as widely expected by economists and markets...

Despite the hawkish tone, the central bank's 'next move is clearly a cut,' say economistsThe Bank of Canada is holding its benchmark lending rate at five per cent, but warned that it was prepared to hike  rates again if necessary, adding a hawkish overtone —...

The president of a housing co-operative currently fundraising to build its first residence says the living model can help alleviate Canada’s housing affordability crisis. Lindsay Harris is president of B.C.-based non-profit housing cooperative Propolis, wh...

Andrew Pyle, senior portfolio manager and senior investment advisor, CIBC Wood Gundy FOCUS: North American equities   MARKET OUTLOOK: The double-digit gains in stocks and a five per cent lift in North American bond aggregates will likely move us in...

Treasuries resumed their rally on Tuesday as further labor-market slowdown reinforced speculation the Federal Reserve will be able to cut interest rates next year to prevent a recession. Benchmark 10-year yields that briefly topped 5 per cent in October br...