Governor Tiff Macklem outlines how high inflation is hurting Canadians and how monetary policy is working to bring it down. He also explains why the Bank of Canada m...
The latest business news as it happensTop headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Liberals' fiscal update offers few measures to tackle cos...
Wave of Canadians poised to rest their home loansTORONTO — October’s inflation rate fell to 3.1 per cent on a year-to-year basis — down from 3.8 per cent in September — mainly driven by lower gasoline prices, Statistics Canada reported on Tuesday. We...
Ottawa subsidizes entrepreneurship but only when performed by demographic groups it thinks deserve supportLast week, Justin Trudeau put out a statement to mark Global Entrepreneurship Week. “The Government of Canada,” he said, “is working to remove barriers...
The stubborn trifecta: missed emission targets, blowback against carbon tax and realization Canada can't change global temperaturesReversing climate change has defined the Trudeau government, generating the incessant virtue signalling and innumerable intrusi...
Inflation in Canada slowed to 3.1% in October, just above the central bank's target range. Here is what economists sayInflation in Canada slowed to 3.1 per cent year over year in October from 3.8 per cent the month before, leading some economists to predict...
Government faces delicate balancing act in addressing housing crisis, rising cost of livingFinance Minister Chrystia Freeland has signalled that Ottawa will focus on housing and the rising cost of living when it tables its fall economic statement on Nov. 21,...
Paul Harris, portfolio manager, Harris Douglas Asset Management FOCUS: North American and global large-caps MARKET OUTLOOK: The risk is that COVID-19 caused a dislocation in the global economy and extended the monetary lag. If we are going to have...
Investors looking to buy a piece of established companies positioned for growth should look for those poised to benefit from economic tailwinds, one portfolio manager advises. Keith Buchanan, senior portfolio manager at Globalt Investments, told BNN Bloom...
The stock market extended its powerful November rally ahead of Nvidia Corp.’s results, with Wall Street breathing a sigh of relief after a US$16 billion sale of 20-year Treasuries lured bond buyers. Shortly after the auction results, benchmark 10-year yiel...