Materials, energy lead clean sweep of TSX gains... Trade deal with EU is “impossible” says Canadian minister... Consumer prices up 1.3 per cent... RBC finance head to retire...
The CMHC released its analysis of house prices today and concludes that while there is some overvaluation, there is little risk from overheating or overbuilding.
Hudson’s Bay has set out a refinancing plan to reduce its interest repayments on the loan it took out to purchase Saks last year.
It may still be more of ‘a thing’ south of the border but Canadian retailers are choosing to focus on Black Friday rather than risk losing out to cross-border shopping.
The growing trend among teens to use electronic cigarettes in what’s known as ‘vaping’ is being curbed by Ontario.
Global shares higher on stimulus anticipation... Business confidence falls in Q3... World Bank warns of climate change risks to business... Detroit bankruptcy end date may be set today... Europe to vote on how to break the Google ‘monopoly’...
The TSX was boosted today by events thousands of miles from Canada.
The surprise of the day was a rise in Canada’s annual inflation rate to 2.4 per cent in October (up 0.1 per cent from September and beating the BoC inflation target of 2 per cent).
The Premiers of Ontario and Quebec have signed a deal that means a joint effort on climate change and sharing of electricity.
RBC has announced job losses as it plans to restructure its Wealth Management business.
A global study of the ultra-rich has found that more of them are in Canada this year than last.