Canadian Dollar
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Utility and telecom stocks help lift TSX on ThursdayStrength in utility and telecom stocks helped lift Canada's main stock index higher on Thursday, while U.S. stock markets moved lower.MoneyOct 5, 2023
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TSX ekes out small gain Wednesday on broad-based gains led by utilities and techCanada's main stock index eked out a small gain Wednesday with broad-based gains led by utilities and technology stocks.MoneyOct 4, 2023
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Oil price falls, weighing down TSX in late-morning tradingThe S&P/TSX composite index was down 56.87 points this morning at 18,964.05.MoneyOct 4, 2023
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Why the U.S. Fed rate hold is good news for the loonie — and the Bank of CanadaThe U.S. Federal Reserve held interest rates steady on Wednesday. With the Bank of Canada hiking again, here's what that could mean for inflation and rates north of the border.EconomyJun 14, 2023
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Canada has the highest household debt level in G7, housing agency warnsCanada's housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis.MoneyMay 23, 2023
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Bank of Canada won’t follow U.S. Fed on rates despite inflation risks: officialA senior official at the Bank of Canada says the central bank will tailor its interest rate decisions to the domestic context, not what happens beyond Canadian borders.MoneyMar 9, 2023
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Canadian dollar’s outlook uncertain amid recession concerns, analysts sayThe Canadian dollar recently rose to its highest level in more than two months against the U.S. dollar, which gained strength Friday after a stronger-than-expected jobs report.MoneyFeb 6, 2023
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Loonie forecasts cut as Bank of Canada trails U.S. Fed on peak-rate bets: pollThe Bank of Canada increased its benchmark interest rate last week by half a percentage point to 3.75 per cent, coming up short on calls for another 75 basis points move.CanadaNov 2, 2022
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As IMF warns of economic slowdown, Canada’s labour market could be critical bufferThere are silver linings in Canada to the "dire warnings" from the International Monetary Fund about a global economic slowdown, economists argue.EconomyOct 11, 2022
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More interest rate hikes are needed to tame inflation, Bank of Canada governor saysBank of Canada Governor Tiff Macklem was adamant Thursday that he will get inflation back under control, but warned interest rates will have to rise further to do it.EconomyOct 6, 2022
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