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UAW strike in its sixth week has underscored widening disparity between stagnant wages and ballooning living costsWith the United Auto Workers strike entering its sixth week, the ongoing dispute has underscored a widening disparity between stagnant wages and...

Oil posted a second weekly gain as developments in the Middle East raised concerns that the conflict may spread, though U.S. efforts to delay Israel’s invasion of Gaza caused prices to edge down on Friday.  After initially resisting a delay in what officia...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high yield bonds MARKET OUTLOOK: It appears that central banks are gradually winning their war against inflation. The consumer price index is rising at a m...

Monday, Oct. 23 Notable data: Bloomberg Nanos Confidence Notable earnings: TFI International, PrairieSky Royalty Tuesday, Oct. 24 Notable data: New Housing Price Index, U.S. S&P Global PMIs, CFIB Business Barometer Notable earnings: Premium Brands...

Stocks fell around the world, while bonds climbed with gold on concern the Israel-Hamas war will escalate into a wider conflict in the Middle East. Oil pulled back after hitting US$90 a barrel. The S&P 500 dropped over one per cent, notching its worst week...

Canada's main stock index was down more than one per cent Friday with broad-based losses led by financial, telecom and base metal stocks, while U.S. markets also fell to close the week.  The S&P/TSX Composite Index closed down 233.17 points, or 1.21 per ce...

The latest business news as it happensToday’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Pierre Poilievre urges Ottawa to block RBC, HSBC...

Many mortgage applicants are now being stress tested at 8.3% or higher We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Record-high mortgage stress test puts homes...

Canadians are rolling back their goods purchases as more households face mortgage payment renewalsCanadian consumers are tightening their purse strings, cementing a case for the Bank of Canada to hold interest rates steady next week. We apologize, but...

Conservative Party Leader says rejection necessary to protect competition in mortgage lendingThe leader of Canada’s main opposition political party says the government should block HSBC Holdings PLC’s sale of its local operations to Royal Bank of Canada....