News
Expectations for U. S. Fed rate hikes pressure gold
3+ hour, 55+ min ago (719+ words) Gold has been on a spectacular ride over the past year, having breached the US$5, 000 an ounce mark before falling back down to around US$4, 000 " though still well above historic levels. Many factors influence the price of gold, but fund…...
New Tory finance critic says Canada in a recession |
4+ day, 17+ hour ago (154+ words) New Tory finance critic says Canada in a recession thecanadianpressnews. ca Michael Chong, the new Conservative finance critic, says the country is in a recession despite new data showing the economy rebounded in April. Tory Leader Pierre Poilievre shook up…...
New Tory finance critic maintains Canada is in recession after front bench shakeup | Business News
4+ day, 16+ hour ago (831+ words) Conservative Party Leader Pierre Poilievre speaks in the in the Foyer of the House of Commons on Parliament Hill in Ottawa, on Monday, March 9, 2026. THE CANADIAN PRESS/Spencer Colby OTTAWA - The Conservatives have named a new critic to take on…...
Weak economy, strong U. S. dollar pressure loonie
1+ week, 2+ day ago (130+ words) thecanadianpressnews. ca 0626 Today in History Ecuador advances to World Cup knockout rounds, beats Germany" This is a modal window. Beginning of dialog window. Escape will cancel and close the window. End of dialog window. The Canadian dollar has steadily fallen…...
These economists are worried Canada has a data quality problem
1+ week, 3+ day ago (1039+ words) Signage marks the Statistics Canada offices in Ottawa on July 21, 2010. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA - Most economists, including at the Bank of Canada, were a bit surprised when Statistics Canada reported late last month that the economy contracted slightly…...
Loonie caught between slow domestic economy and stronger U. S. dollar
1+ week, 3+ day ago (256+ words) Loonies with the the effigy of King Charles on them are struck at an event celebrating the first coin struck at the Royal Canadian Mint in Winnipeg on Tuesday, November 14, 2023. THE CANADIAN PRESS/John Woods TORONTO - The Canadian dollar has…...
Federal banking regulator OSFI lowers domestic stability buffer to three per cent
2+ week, 1+ day ago (595+ words) The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, Aug. 5, 2022. THE CANADIAN PRESS/Nathan Denette Canada's federal banking regulator says it's lowering its domestic stability buffer to three per cent from 3. 5 per cent, a…...
From timing rates to upstart lenders: How to get the most out of your next GIC
3+ week, 2+ day ago (814+ words) Bank of Canada notes are displayed at the Bank of Canada museum in Ottawa on Wednesday, July 12, 2023. THE CANADIAN PRESS/Sean Kilpatrick TORONTO - As wars, tariffs, swinging commodity prices and a bond slump rankle markets, the stability of one investment…...
Economy 'not clearly in recession': Bo C governor
3+ week, 3+ day ago (137+ words) thecanadianpressnews. ca The Bank of Canada kept interest rates steady at 2. 25 per cent Wednesday in its fifth consecutive hold, as it tries to support a turbulent economy without letting prices rise unchecked. Governor Tiff Macklem said at a news conference…...
More swings for AI stocks drag Wall Street back on the roller coaster
3+ week, 4+ day ago (697+ words) The S&P 500 fell 0. 3% after careening between an early gain of 1% and a midday loss of 2. 3%, pulling further from its all-time high set a week ago. The Dow Jones Industrial Average was up 106 points, or 0. 2%, with a little less than…...