Daily News

Canada's main stock index posted modest gains Tuesday with strength in energy, financials, tech and base metals boosting the index ahead of Wednesday's Bank of Canada interest rate announcement, while U.S. markets ended in the green after a mixed trading day....

U.S. stocks gained Tuesday as a rotation into financial shares bolstered hopes the breadth of the S&P 500’s recent rally might extend beyond technology soon.  The benchmark index rose 0.2 per cent as a decline in Apple Inc.’s stock took the air out of a te...

Andrew Pyle, senior investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities  MARKET OUTLOOK: In my opinion, U.S. and European stocks are looking overbought with little incremental positive news on the horizon, now t...

The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is also continuing its policy of quantitative tightening. Gl...

Canadians are under financial stress and don't feel good about direction of economy, polls say More rate hikes by the Bank of Canada could “spell trouble” for a growing number of Canadians facing financial headwinds, Angus Reid Institute said i...

Integration of two airlines could be the end of the ultra low-cost model, say experts When WestJet Group launched Swoop in 2018, it said the ultra-low-cost airline would operate independently, with its own fleet of aircraft, management team and...

More Canadians are missing payments on their debts We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: More borrowers struggle as IMF w...

Quebec is trying to restrict access to its English web pages to 'historic anglophones' — good luck with that! Where is Mordecai Richler when you need him? The novelist, satirist, humorist and National Post columnist died in 2001, in a great los...

The S&P 500 Index is heading toward a bull-market milestone after stocks rallied back from last year’s lows on optimism the Federal Reserve is nearing the finish line of its interest-rate hikes.   The S&P 500 rose 0.3 per cent on Monday, widening its advan...

Hap Sneddon, president and chief portfolio manager, Castlemoore FOCUS: Technical analysis  MARKET OUTLOOK: Recent buying has shown investors have a commitment to the theme that the inflationary bear market of the last couple of years is over. At pr...