Materials, healthcare, energy drag TSX to negative close... BoC and federal government renews inflation target... Wholesale trade up for 5th consecutive month...
Bank of Canada governor Stephen Poloz has given a strong hint that there will be no further interest rate cut in the near future.
The Economist says that Canada’s housing market is overvalued by up to 25 per cent.
Ontario’s government has appointed a committee to look into the pay gap between men and women in the province.
The Canadian dollar has made international travel more expensive and figures show that there were fewer cross-border trips made by Canadians.
US stock futures higher after sharp fall Friday... Oil price knocked by Saudi Arabia; recovers on US data... Morgan Stanley could be about to settle investigation for $500m... Poll shows that most businesses are optimistic about the economy...
Oil prices, economic concerns and profit-taking all conspired on Friday ending week with nearly all the major global indexes in negative territory.
March’s inflation figures have exceeded expectations of analysts and even the Bank of Canada.
As well as higher inflation figures, StatsCan released retail data on Friday which revealed that after two months of decline sales were up 1.7 per cent in February.
The federal budget will balance a year earlier than expected according to a report by the parliamentary budget office.
Registered retirement income funds may be overhauled in the federal budget next week according to the Canadian Press.