Daily News

Canada unexpectedly canceled an ultra-long bond issuance, potentially terminating the maturity as a surge in revenue reduces the government’s borrowing needs. The Bank of Canada said Thursday that an auction of 2064 bonds on June 16 won’t happen, just as t...

A stable and efficient financial system is essential for sustaining economic growth and raising living standards. In the Financial System Review, the B...

Kevin Carmichael: If inflation wasn't so troubling, we'd be talking about the strongest labour market in memory Canadian employers added 40,000 jobs in May, and the jobless rate dropped to 5.1 per cent. Here’s what you need to know about such remar...

US stocks fell after a two-day rally and oil continued its relentless rise, fueling worries about inflation and measures by central banks to contain it. The S&P 500 ended near session lows, with all but one of the 11 major sectors in the red. The tech-heav...

When the COVID-19 pandemic struck and many abandoned in-person shopping and dining out, brick-and-mortar retail became one of the most undesirable assets in Canada. But now, as many Canadians no longer fear congregating and vaccine passports have been drop...

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Financial markets are roiled by the possibility of a recession caused by the actions of the Federal Reserve to control inflation. No one has a crystal...

It might not exactly feel like it, but the stock market has been, well, kind of boring.  The choppiness and seemingly constant mid-session about-faces are obscuring the bigger picture: the S&P 500 has been vacillating within a roughly 100-point range over...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss the Bank of Canada’s Financial System Review (FSR). The FSR...

Biggest vulnerability remains higher household indebtedness The Bank of Canada warned that threats to the financial system have grown more complicated in recent months as the country grapples with tightening monetary policy, rampant global inflatio...

U.S. stocks rose for a second day, climbing to session highs in the last hour of trading amid a broad-based rally. Treasuries pared gains and the dollar slipped. Back-to-back gains in the S&P 500 clawed back all of last week’s losses. The tech-heavy Nasdaq...