Daily News

Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border.  The S&P/TSX Composite Index closed down 163.60 points, or 0.83 per cen...

It was a disappointing initial public offering (IPO) day on Wall Street for Birkenstock, but a retail analyst says the brand is still well-positioned in the footwear category. Shares of the shoemaker opened 11 per cent lower than its initial offer price on...

The head of Norway’s sovereign wealth fund told a Toronto economics conference that he thinks the next 10 years will be a “wasted decade” for financial markets, without any real returns in the coming years. Nicolai Tangen, the chief executive officer of No...

Rick Rule, president and CEO, Rule Investment Media LLC FOCUS: Natural resource stocks  MARKET OUTLOOK: Resource markets are soft, as the Chinese economy continues to underperform expectations and inflation fears loom. Higher interest rates have de...

The CEO of the company that operates the Toronto Stock Exchange says most of this country's small- and mid-sized companies are unprepared for expected new climate disclosure requirements. Canadian securities regulators are currently considering adopting a...

Bank of Canada Governor Tiff Macklem has designated Visa Inc.’s VisaNet, Mastercard International Inc.’s Global Clearing Management System and Single Message System,...

Resurgence in real estate seen returning once interest rates begin to ease Real estate firm Royal Lepage is lowering its end-of-year home price forecast after housing markets softened in a sluggish third quarter. We apologi...

Bleaker outlook doesn't bode well for the federal government, says economist Forecasts are being cut as Canada’s economy groans under the weight of higher-for-longer interest rates. With third-quarter GDP expected to miss what the B...

Jamie Golombek: CRA assumes you receive its correspondence unless you can prove otherwise, as one taxpayer — a mail carrier — found out Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affil...

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large cap stocks  MARKET OUTLOOK: Rising yields are having a negative impact on capital markets as future cash flows get discounted at higher hurdle rates. International geopol...