Opening Statement before the House of Commons Standing Committee on Finance
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monet...
Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monet...
It's remarkable how much our international reputation has faded over the past 10 years, both diplomatically and economicallyIt is remarkable how much attitudes about Canada have shifted, both here and abroad, over the past 10 years. A decade ago, riding the...
Heating up of the Canadian economy may push expectations for a first rate cut further down the lineCanada’s real gross domestic product grew 0.2 per cent in November and early estimates suggest December growth was even stronger, a sign of economic resilience...
Stocks struggled for solid footing ahead of earnings from some of the tech behemoths that have powered the equity resurgence, with traders also sifting through a batch of economic data and awaiting the Federal Reserve rate decision. The stakes are high for...
As Canadians watch for possible central bank rate cuts in 2024, the CEO of CWB Financial Group says people are being “very careful as they’re looking at their decisions on investing.” In an interview with BNN Bloomberg, Chris Fowler said CWB has seen “a lo...
A software analyst says he doesn’t expect the sector will fare as well in 2024 as it did during the AI hype of last year, but he still sees buying opportunities in the space. Gil Luria, senior software analyst at D.A. Davidson, told BNN Bloomberg he expect...
Alphabet Inc. reported fourth-quarter revenue from its core search advertising business that fell short of analysts’ estimates, overshadowing an otherwise strong end to the year. Sales, excluding partner payouts, jumped 15 per cent to US$72.3 billion in th...
Alex Ruus, portfolio manager, Arrow Capital Management FOCUS: North American stocks MARKET OUTLOOK: After several years of monetary policy tightening from the central banks with interest rates rising to roughly five per cent, it appears they are no...
Canada's main stock index closed modestly up Tuesday thanks in part to a rise in energy stocks, while U.S. stock markets were mixed. The S&P/TSX Composite Index ended up 27.81 points, or 0.13 per cent, at 21,227.87. In New York, the Dow Jones Industrial...
Mauricie, Que., had the biggest increase at 17.3%In a housing market dominated by high interest rates and slowing sales, home prices remained stubbornly elevated across the majority of Canada as the curtain fell on 2023. The most recent data released by the...