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Recent global economic developments were top of mind in governing council's decision to hold rate at 5%The Bank of Canada held its key overnight rate at five per cent on Dec. 6, a move that was widely expected by economists and markets. On Dec. 20, the centr...

No large-scale hyperloop has been built after years of effortHyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to people famil...

Score lowered by two steps to BB from BBB-Brookfield Property Partners LP’s issuer credit rating was cut to junk and put on a negative outlook by S&P Global Ratings as the real estate investors’ credit quality deteriorates amid higher borrowing costs and wea...

What if the investing legend had been born in Orillia, not Omaha? CIBC analysts identify the top picks We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Five Canadi...

Jamie Golombek: One tax refund each year is essentially an interest-free loan to the government for up to 16 monthsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases mad...

Retail sales climbed in almost all sectors, but the slowing economy will likely curb that growth, say economists Get the latest from Naimul Karim straight to your inbox Sign Up Higher sales of motor vehicles helped push Canadian retail sales for Octob...

High-flying stocks reversed course Wednesday after Wall Street warned of a pullback on the rally ignited by the Federal Reserve’s pivot last week. The Nasdaq 100 ended the day down 1.5 per cent as the tech-heavy benchmark drew back from its latest all-time...

Canadian equity financings grew slightly this year despite a combination of challenges stemming from high interest rates, an underperforming stock market and just one initial public offering on the Toronto Stock Exchange. What’s more, bankers are forecasting...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK: The long-awaited U.S. Federal Reserve pivot occurred last week at the last board meeting for 2023. The U.S. central bank has giv...

A currency expert is predicting mixed performance from the Canadian dollar next year.  Bipan Rai, global head of FX Strategy at CIBC Capital Markets, told BNN Bloomberg that he expects the loonie’s 2024 performance will be a “story of two halves.”  “We...