Daily News

Decrease may offset short-term economic benefits of any Bank of Canada rate cuts, Desjardins economist saysCanada’s planned reduction in temporary residents is set to add downward pressure to inflation and economic growth in the coming months, and the policy...

The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students, LGBTQ2S+ students, fr...

Watch: Filings hit highest number since 2019 in 2023Dina Kovacevic, editor-in-chief of Insolvency Insider Canada, talks with Financial Post’s Larysa Harapyn about the rising trend of insolvency filings and bankruptcies in Canada. In 2023, insolvency filings...

Economist believes it will take a series of rate cuts before many are ready to take the plungeHomebuyers are unlikely to flood back into the housing market this spring; rather their return will be “staggered” over the second half of the year, says one econom...

The rally in stocks lost traction Friday, with the market still notching its best week in 2024 amid speculation the Federal Reserve will be able to cut interest rates as soon as June. U.S. equities wavered after a record-breaking run that drove the S&P 500...

Tuesday, March 26 Bank of Canada Senior Deputy Governor Carolyn Rogers speaks in Halifax 8:30 a.m. U.S. Durable Goods Orders (February) Earnings: McCormick & Co Wednesday, March 27 Earnings: Carnival Corp, Cintas, Paychex Thursday, M...

Robert McLister: Putting discretionary income towards a mortgage is often not the winning playOnce upon a time, racing to become mortgage free was akin to a national sport. For many, it’s still the Canadian dream. We apologize, but this video has fail...

Deficit for 2023-2024 fiscal year is at $25.7 billion so farCanadian government spending is growing faster than revenue, and interest payments are continuing to climb, as Finance Minister Chrystia Freeland prepares to deliver her budget next month. We...

The PM has brought in new social programs, paid for with debt and taxes, but Canadian incomes are at West Virginian levels and decliningThis is a weekend in which prime ministers past and present are likely to be considering their legacies. We apologi...

Why wait until the summer to cut interest rates, when the next meeting is just weeks away?It’s time for the Bank of Canada to stop being scared of its own shadow. The central bank made a mistake in one direction (as did most central banks) when it was late o...