News
How Trump’s tariffs have reshaped the global economy, in 11 charts
8+ hour, 24+ min ago (215+ words) How Trump's tariffs have reshaped the global economy, in 11 charts'The Globe and Mail A year of Trump's tariffs, in charts From factory jobs and consumer prices, to supply chains and trade flows, we take a visual look at how the…...
Big bank earnings point to more consumers struggling to pay off credit cards, mortgages
21+ hour, 22+ min ago (998+ words) Canada's biggest banks posted a boost in profits in the first quarter of their fiscal new year, but their strong bottom lines obscure a growing trend of rising loan losses in credit cards, personal loans and mortgages as economic uncertainty…...
U.S. producer prices stronger than expected in January
22+ hour, 3+ min ago (599+ words) CargoNest's bonded warehouse in Venice, Fla., where the company manages supply chain operations is pictured in May.Octavio Jones/Reuters U.S. producer prices accelerated in January, with the cost of goods outside the volatile food and energy category increasing by the…...
Are further BoC rate cuts on the horizon? Here’s what markets and economists think after today’s weak GDP reading
1+ day, 5+ hour ago (568+ words) Money markets are pricing in modest - but not insignificant - odds of renewed Bank of Canada interest rate cuts this year in the wake of this morning's weaker-than-expected GDP reading. Markets are pricing in close to a 40% probability of a quarter…...
Canada’s economy contracts in final quarter of 2025 as firms draw down inventories
1+ day, 6+ hour ago (112+ words) Canada's economy contracts in final quarter of 2025 as firms draw down inventories'The Globe and Mail U.S. economic growth slows sharply in the fourth quarter A breakdown of the big Canadian banks' first-quarter earnings Cameco posts $199-million in fourth-quarter profit, up from…...
Opinion: Canada’s housing market has frayed our social fabric. How did this happen?
1+ day, 9+ hour ago (70+ words) Opinion: Canada's housing market has frayed our social fabric. How did this happen?The Globe and Mail Our housing crisis is the inevitable outcome of a system that places profits ahead of people With homelessness rising, condo values rapidly declining…...
Canadian dollar edges down as 10-year bond yield hits three-month low
1+ day, 19+ hour ago (338+ words) The Canadian dollar edged lower against its U.S. counterpart on Thursday, "as "safe-haven demand for the greenback offset domestic data that showed a sharp narrowing in Canada's current account deficit. The loonie was trading 0.1% lower at 1.3685 per U.S. dollar, or 73.07 U.S. cents, after…...
Winners and losers after a year of Trump tariffs
2+ day, 4+ hour ago (129+ words) Listen to this podcast On Tuesday night, U.S. President Donald Trump touted his tariff regime, after a Supreme Court decision that severely limited his ability to impose tariffs. Now countries trading with the U.S. are left with even more uncertainty about what…...
Two fixed-income propositions. Two wrong answers
2+ day, 15+ hour ago (368+ words) Dividend-paying stocks and laddered GICs both have merit. But using either as the foundation of a fixed-income allocation is a mistake for most investors. The errors are different in character but share a common root: misaligned commitment to the essentials…...
This week’s highest savings account and guaranteed investment certificate rates
2+ day, 16+ hour ago (395+ words) Canada's best guaranteed investment certificate (GIC) rates and high-interest savings account rates have been largely unchanged over the past week, with the leaders remaining in their spots. GICs rates in Canada continue to be led by Achieva and WealthOne, offering…...