29 h. ago S&P/TSX composite declines ahead of rate decisions next week, U.S. markets mixed

TORONTO — Broad-based losses drove Canada’s main stock index to close lower on Friday, while U.S. markets were mixed ahead of key rate decisions next week from the U.S. Federal Reserve and the Bank of Canada. Dustin Reid, chief strategist for fixed income at Mackenzie Investments, said Friday’s trading session was a “bit of a […]

Other

40 h. ago Next week’s decision could be a leap of faith for Bank of Canada

Robert McLister: Rate cuts only make sense if central bankers genuinely believe inflation will glide back to target

Other

55 h. ago Tariffs weigh on homebuyer decisions as Canadians eye interest rates

TD Economics study notes the trade strife with the United States is generally a stiff economic headwind for most Canadians.

Economics

3 d. ago J.D. Tuccille: Will Supreme Court save us from Trump’s Third

Prosperous countries have low tariffs, while poor countries have higher ones

Other

5 d. ago Tetra Digital Group Aims to Pioneer Regulated Stablecoin Issuance in Canada

Financial service market leaders Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank of Canada, and Shopify invest in groundbreaking digital payment initiative TORONTO — Tetra Digital Group, one of Canada’s leading digital asset infrastructure providers; parent company of Tetra Trust and Tetra Unity, today announced the closing of an investment of approximately $10 […]

Other

8 d. ago Lenders Flip Bank of Canada Calls to Cuts After Ugly Jobs Report

Two of Canada’s largest lenders now see the Bank of Canada cutting borrowing costs later this month after a worse-than-expected jobs report.

Other

8 d. ago The average home is now going for way under asking price in almost 100% of the GTA

The days of Toronto serving as one of the hottest cities in the world for real estate have come and gone, as the region continues to struggle with an abundance of condos, townhomes and houses that no one seems interested in purchasing.Leaders continue to underscore how crucial it is that we ramp up residential construction, yet a record number of homes — upwards of 30,000 — sit on the market each month.The disparity between supply and demand has hit a new high this year, but in the complete opposite way than most may have expected: sales activity is in freefall as more and more properties hit the market, and properties are sitting on the market for far longer as a result. It means that those few who aren't balking at interest rates, recession, tariffs and general economic precarity, and are actually looking to invest, have been able to nab quite a deal.According to recent data, in a whopping 98 per...

Economics

9 d. ago RBC Hires Citi’s Ruffini in London Amid Global Fight for Bankers

Royal Bank of Canada hired Ron Ruffini from Citigroup Inc. as a managing director at the company’s London office, part of a broader push by global firms to snap up bankers and traders.

Other

9 d. ago Posthaste: Canadians might be surprised at just how low U.S. tariffs on Canada’s exports really are

Economists estimate over 90% of Canadian goods are entering the U.S. tariff free, pushing down the overall rate

Economics

1 week ago BDC 2025 Annual Report: Supporting more entrepreneurs than ever, $11.5 billion in new financing and investments

MONTREAL, Sept. 03, 2025 (GLOBE NEWSWIRE) — The Business Development Bank of Canada (BDC), the bank for Canada’s entrepreneurs and the country’s only development bank, published its 2025 Annual Report, highlighting how it is helping reverse the decline of entrepreneurship in Canada.  “The core of BDC’s mission is to generate positive impacts to Canada’s economy, […]

Economics

2 w. ago Bank of Canada could start cutting rates again as tariffs wallop economy, say economists

GDP data shows economy reversed course in the second quarter

Economics

2 w. ago National Bank brings on first batch of Canadian Western Bank clients after takeover

National Bank of Canada says it moved the first batch of clients from newly acquired Canadian Western Bank onto its platform this month, a key milestone as the Montreal-based bank continues to integrate the $5-billion acquisition that closed earlier this year. “The next waves are planned over the upcoming months and the majority of clients […]

Society

2 w. ago Royal Bank maintaining ‘prudent posture’ amid trade uncertainty, economic resilience

The chief risk officer at Royal Bank of Canada says the money it sets aside for potential loan losses is expected to remain elevated for the next few quarters as trade tensions persist, though the economy is showing signs of resilience. “In the ongoing uncertainty this quarter, we have maintained our prudent posture and retained […]

Economics

2 w. ago Green Bay Packers make roster decision on London QB Taylor Elgersma

London native Taylor Elgersma won’t start the season on the Green Bay Packers’ active roster. The Packers placed the former Wilfrid Laurier University star quarterback on waivers Tuesday as NFL teams made their final cuts to reach the 53-man roster limit. Green Bay will start the season with just two quarterbacks, starter Jordan Love and […]

Other

2 w. ago Royal Bank reports Q3 profit rose to $5.4 billion, revenue also up

TORONTO — Royal Bank of Canada reported a third-quarter profit of $5.4 billion, up from $4.5 billion in the same quarter last year. The bank says the profit amounted to $3.75 per diluted share for the quarter that ended July 31, up from a profit of $3.09 per diluted share a year earlier. Revenue totalled […]

Economics

2 w. ago RBC Beats Earnings Estimates on Growth Across Its Biggest Units

Royal Bank of Canada beat estimates on strong performance across its biggest businesses and as the firm set aside less money than expected to cover possible loan losses, a rebound from notable misses on credit earlier this year.

Other

2 w. ago Bank of Canada’s Macklem says housing affordability to become more of a focus in mandate review

'Cost of housing affects inflation,' says governor in speech Tuesday in front of Mexico's central bank in Mexico City

Other

2 w. ago Bank of Canada to Study Core Inflation Measures, Keep 2% Target

The Bank of Canada plans to keep its 2% inflation target, but is examining the best ways to measure core inflation and how to factor housing costs into its monetary policy decisions.

Economics

3 w. ago Lorne Gunter: Want to cut federal operating expenses? Start with the civil service

Here’s a staggering statistic for you: Nearly 40 per cent of the federal civil service (147,000 of 373,000 federal bureaucrats) made in excess of $100,000 in 2024. The average Canadian made just shy of $68,000. And that sum doesn’t include the bureaucrats’ retroactive pay raises paid out last year. Nor does it include their very […]

Events

3 w. ago Fed chair Powell signals dovish stance in annual speech at Jackson Hole

Jerome Powell says the central bank may be ready to resume cutting interest rates soon

Other