News
Mortgage rates vs. the Bank of Canada
3+ hour, 52+ min ago (144+ words) CP24 Mortgage rates vs. the Bank of Canada After catching you up on some of the big stories of the week, Amanda Lang discusses why despite the Bank of Canada keeping interest rates unchanged, mortgage rates may become pricier, with Penelope…...
Canadian and U. S. stock markets rally on hopes for U. S. -Iran deal
1+ day, 2+ hour ago (517+ words) Stock markets rallied in Canada and the U. S. after U. S. President Donald Trump called off a threat to bomb Iran, raising hopes for a deal between the countries. Kevin Burkett, portfolio manager at Victoria-based Burkett Asset Management, said Trump's comments injected optimism…...
CTV National News: Bank of Canada faces tough path amid Trump trade uncertainty
2+ day, 54+ min ago (174+ words) CP24 CTV National News: Bank of Canada faces tough path amid Trump trade uncertainty CTV News' Chief Financial Correspondent Amanda Lang explains how U. S. President Trump's CUSMA comments could shape the Bank of Canada's next rate decisions. Motorcyclist in critical condition after…...
Statistics Canada set to release jobs data for May this morning
1+ week, 12+ hour ago (161+ words) OTTAWA " Statistics Canada is expected to release its labour market report for the month of May this morning. The consensus among economists polled by Reuters shows they're anticipating employers added 10, 000 positions last month, after a loss of nearly 18, 000 jobs in…...
These common grocery items saw the biggest price jumps in April
1+ week, 1+ day ago (412+ words) Canadians continue to feel pressure at the grocery store in April, even as overall inflation remained relatively subdued. Statistics Canada reported that food purchased from stores rose 3. 5 per cent year-over-year in April, with several everyday grocery staples seeing much steeper…...
Finger-pointing over technical recession "will make the average person's eyes glaze over': analyst " CP24
1+ week, 2+ day ago (188+ words) Finger-pointing over technical recession "will make the average person's eyes glaze over': analyst CP24 Finger-pointing over technical recession "will make the average person's eyes glaze over': analyst The Front Bench panel discusses Mark Carney and Pierre Poilievre's war of words on…...
'Are we in a recession or a technical recession?': Carney and Poilievre trade barbs on the economy
1+ week, 2+ day ago (158+ words) CP24 'Are we in a recession or a technical recession?': Carney and Poilievre trade barbs on the economy Prime Minister Mark Carney and Conservative Leader Pierre Poilievre spar on the state of the economy as economists say Canada is in a…...
'Inflation doesn't seem like it's going to go away anytime soon': Connell on betting on commodities
1+ week, 3+ day ago (180+ words) CP24 'Inflation doesn't seem like it's going to go away anytime soon': Connell on betting on commodities Michelle Connell, president and owner of Portia Capital Markets, joins BNN Bloomberg to discuss investment strategy for the AI buildout. 'Volatility in the CAD…...
Headwinds or five-alarm fire? The Front Bench weighs in on Canada sliding into a technical recession
2+ week, 53+ min ago (366+ words) CP24 Headwinds or five-alarm fire? The Front Bench weighs in on Canada sliding into a technical recession The Front Bench panel talks about how concerning it should be to Canadians that Statistics Canada reported the country is in a technical recession....
Interest rate decision could shift due to energy shock: Bowman
2+ week, 8+ hour ago (428+ words) U. S. Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday the Middle East war's impact on the economy, while still being measured, could lead to persistent rises in inflation that might require tighter monetary policy. "It still seems early…...