Daily News

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Currency is fresh off its best monthly gain so far in 2024When the Bank of Canada eases monetary policy and the economy slows, money managers usually brace for a weaker loonie. We apologize, but this video has failed to load. Try refreshing your browser,...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...

Economists predicting cuts at every meeting for the remainder of the year and into 2025The Bank of Canada is widely expected to cut its policy interest rate by 25 basis points on Wednesday and there are few indications that it will stop there, economists say...

Democratic proposal faces long odds but has nevertheless alarmed ultra-wealthy venture capitalists, entrepreneurs and investorsA novel proposal to tax the unrealized gains of wealthy Americans has incited fury from Silicon Valley‘s richest investors. We...

Since the 1960s, spending has declined faster just four timesHousehold spending per person in Canada is falling at a pace only previously seen during recessions. After adjusting for inflation, the measure fell 1.3 per cent in the second quarter from the year...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...

Details in report hint at a stalling economyCanada’s gross domestic product for the second quarter came in stronger than expected, but the details of the GDP report and the accompanying outlook for the start of the next quarter hinted at a stalling economy,...

Robert McLister: In an urgent bid to preserve market share, banks are pulling out all the stopsTo say Canada’s mortgage market is cutthroat is an understatement. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to...

Fastest growth since the first quarter of 2023The Canadian economy grew at a faster-than-expected annualized pace of 2.1 per cent in the second quarter of the year, but early indications point to a loss of momentum going into the third quarter. We apolog...