Daily News

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on September 6, 2023. This summary reflect...

Signs of economy's weakness now 'undeniable' Good morning, When the Bank of Canada first began hiking interest rates back in 2022 we were told it could take 18 months to two years for the effects to work through the economy. Well,...

'The deal was always going to be difficult; now it’s going to be even more so' Get the latest from Naimul Karim straight to your inbox Sign Up It was just four months ago that India’s Commerce and Industry Minister Piyush Goyal at an...

The latest business news as it happens Today’s top stories Canada’s inflation picks up speed in August Big grocers agree to work with Ottawa to stabilize food inflation Unifor extends Ford negotiations for 24 hours after receiving ‘substanti...

Stocks, bonds and the dollar saw small moves at the start of a busy week for major central banks, whose rate decisions will set the tone for global markets for the rest of the year. The S&P 500 closed near 4,450. Brent oil pared gains after almost hitting...

Andrew Pyle, senior investment advisor and senior portfolio manager, CIBC Wood Gundy FOCUS: North American equities  MARKET OUTLOOK: While all eyes will be on this week’s U.S. Federal Reserve meeting, I would argue that energy prices have taken cen...

Losses in technology and base metal stocks helped lead a broad-based decline as Canada's main stock index fell almost 130 points, while U.S. stock markets lost steam midway through the trading day to essentially end flat.  The S&P/TSX Composite Index was d...

Deputy Governor Sharon Kozicki talks about how differences in debt, income and savings across households shaped their experience through the COVID-19 pandemic and ho...

Workers increasingly say the job isn’t worth the wages To be a United States retail worker in 2023 means fielding an onslaught of growing American anxieties about everything from high prices to politics. Increasingly, some workers say the job i...

Meeting today to work on plan to address food inflation crisis Get the latest from Jake Edmiston straight to your inbox Sign Up The heads of the biggest grocery chains in Canada are expected in Ottawa on Sept. 18 for a hastily arrange...