Daily News

Here are five things you need to know this morning: Dollarama raking in the dollars: Dollarama raised its dividend by almost 30 per cent after posting quarterly results that showed sharply higher revenue, profit and same-store sales. The discount retailer...

For years, Amazon.com Inc. has been the stingiest among tech megacaps to give back capital to shareholders. Now, it’s generating so much cash that some on Wall Street are anticipating more generous returns. After a record haul of US$32 billion in free cash...

As Dollarama Inc. reported fourth-quarter profit and sales gains, as well as a dividend hike, one analyst says the biggest question regarding the retailer is if it can sustain its pace of growth.  The Montreal-based retailer reported its fourth-quarter ear...

Buyers will return to housing market in second half of 2024, CMHC saysCanadian housing prices could reach a new record by 2026, driven by unrelenting demand from a growing population, according to an outlook published by the national housing agency on Thursd...

Robert McLister: Strong jobs numbers could prompt traders to pump up bond yields, with mortgage rates feeling the burnThe rate market is on edge, pending Friday’s pivotal employment reports north and south of the border. Bondholders are hungry for signs of a...

Latest bankruptcy data shows consumers scrambling for relief We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Here's another sign interest rates have more Canadian...

Rosenberg Research: A weak loonie is not a thing to automatically fearThe Canadian dollar looks set to take a dive this summer, or at least to remain weak for some time to come. We apologize, but this video has failed to load. Try refreshing your brow...

Watch: Dawn Desjardins of Deloitte Canada talks about the economy and the Bank of CanadaDawn Desjardins, chief economist at Deloitte Canada, talks to the Financial Post’s Larysa Harapyn about why economists think Canada will avoid a recession, the risks the...

Here are five things you need to know this morning: Indigo set to go private:  Retailer Indigo will soon be taken private after the board has agreed to a sweetened takeover offer from its largest shareholder. A holding company controlled by Onex chairman G...

A prominent U.S. short seller has targeted Montreal-based engineering firm WSP Global and believes its stock is overpriced upwards of 50 per cent. Spruce Point Capital Management issued a “strong sell” position against WSP as it raised concerns about the “...