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6 days ago · The rally in Canadian stocks this year could run longer than the one going on in US equities, offering encouragement for American investors to look North, according to Toronto’s Rosenberg Research.
3 days ago · Oil steadied after a two-day decline on signs of easing Middle East risks, with the market shifting attention to global supply balances and OPEC+’s production outlook. BP Plc maintained the pace of its quarterly buybacks at $1.75 billion even as weak oil prices put pressure on the company’s balance sheet.
15 hours ago · Stephen Myrow, Beacon Policy Advisors managing partner, on the future of Canada-U.S. tariffs ahead of a U.S. presidential election. Ahead of Tuesday’s U.S. presidential election, one economist says a Donald Trump victory could present downside risks to the Canadian economy, while a Kamala Harris administration would likely be a continuation of the status quo.
4 days ago · Bank of Canada Governor Tiff Macklem reiterated at a Canadian Senate committee on Wednesday that he believes his bank is not yet close to the limits of divergence. The Bank of Canada’s key...
3 days ago · Expert analysis on investing and market trends. Stay ahead of the game with comprehensive coverage of stock market investing, and financial expert insights on investment portfolio strategies.
Oct 24, 2024 · Prime Minister Justin Trudeau’s government is taking its foot off the population pedal that’s been a key economic driver. But despite a significant cut to new arrivals, Canada will still see...
2 days ago · Turkish inflation is expected to have continued its deceleration for a fourth month in October, though officials focus more on other metrics to decide on the timing of an interest-rate cut.
Oct 22, 2024 · The Bank of Canada is likely to make a jumbo cut to interest rates, acknowledging that borrowing costs should fall more quickly as inflation wanes and economic growth stagnates.