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S&P expects CI will operate with debt of four to five times earnings over the next year CI Financial Corp.’s debt was cut to junk by S&P Global Ratings after the Canadian asset manager asked S&P to stop rating its debt. The shares fell the most...

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Deposits at four Canadian banks with significant U.S. divisions slipped by 3% quarter over quarter Get the latest from Stephanie Hughes straight to your inbox Sign Up Canadian banks with operations south of the border are showing some...

Monday, May 1 Notable data: Bloomberg Nanos Confidence, S&P Global Canada Manufacturing PMI, U.S. Construction Spending, ISM Manufacturing PMI Notable earnings: Corby Spirit and Wine, Cargojet, Dye & Durham, Chegg, MGM Resorts Int’l, TMX Group, MEG...

Several technology giants have posted strong quarterly results this earnings season despite dealing with uncertain economic activity, and one analyst says the latest push for the sector could come from the anticipated pause in rate hikes from the U.S. Federal...

Kim Bolton, president and portfolio manager, Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: We’ve repeatedly said when the current U.S. Federal Reserve tightening process pauses, probably due to cooling inflationary signals, equity...

A renewed bout of selling hit the Treasury market, with factory data bringing little comfort on the inflation front and a handful of companies offering bonds ahead of the Federal Reserve decision. As Wall Street gears up for the Fed’s 10th consecutive rate...

Weakness in energy stocks drove Canada's main stock index to dip on Monday, while U.S. stock markets also fell to start the trading week. The S&P/TSX Composite Index was down 21.44 points, or 0.10 per cent, at 20,615.10. In New York, the Dow Jones Indus...

Treasury Board employees set to return to work, but Canada Revenue Agency workers still out Canada reached agreement for a new wage deal with the Public Service Alliance of Canada (PSAC) union representing 120,000 federal workers, the union sai...

SunWing vacation offerings will be extended to five new Canadian cities WestJet Airlines Ltd. has completed its acquisition of Sunwing Vacations and Sunwing Airlines, the company announced May 1, nearly two months after the federal government g...