Daily News

  The S&P 500 came within a striking distance of its 5,000 milestone as tech megacaps rallied and a strong sale of 10-year Treasuries dimmed supply concerns. Bonds were little changed. Equities extended a torrid surge from their October 2022 lows on pro...

With the deadline for contributions to a registered retirement savings plan (RRSP) approaching, experts say there are specific considerations for younger investors who are deciding where to allocate their money. Feb. 29 is the RRSP deadline for investors l...

Many technology companies that have embraced artificial intelligence (AI) have seen their share prices rise in recent months, and a portfolio manager says he believes the industry has even more room to grow. Shane Obata of Middlefield Capital Corporation s...

Canada's main stock index just barely stayed in the green Wednesday, while U.S. stock markets rose, with the S&P 500 flirting with the 5,000-point milestone.  The S&P/TSX Composite Index closed up 11.44 points, or 0.05 per cent, at 20,969.18. In New Yor...

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities  MARKET OUTLOOK: The market is beginning to adopt the view of a perfect, U.S. Federal Reserve-orchestrated, economic soft landing; slaying high inflation while maintai...

Sun Life Financial Inc. says it earned $749 million in the last quarter of 2023, down from $1.2 billion during the same quarter a year earlier.  The insurance company says diluted earnings per share in its fourth quarter were $1.28, down from $1.98 a year...

Indicators the central bank is watching paint 'a mixed picture' of underlying inflation Get the latest from Barbara Shecter straight to your inbox Sign Up The Bank of Canada believes current interest rates are high enough to bring inflation under cont...

Some Canadians will be pushed to payday lenders and higher interest costs or to loan sharksLesson one when regulating Canada’s financial system is ensuring the cure isn’t worse than the disease. We apologize, but this video has failed to load. Try ref...

Governor says housing affordability can't be fixed by raising or lowering interest ratesRising shelter costs are now the biggest contributor to above-target inflation, but Bank of Canada governor Tiff Macklem said the central bank is powerless to address the...

Canada's housing shortage boils down to a forecasting failure, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada is underestimating the number...