Daily News

Since the 1960s, spending has declined faster just four timesHousehold spending per person in Canada is falling at a pace only previously seen during recessions. After adjusting for inflation, the measure fell 1.3 per cent in the second quarter from the year...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...

Details in report hint at a stalling economyCanada’s gross domestic product for the second quarter came in stronger than expected, but the details of the GDP report and the accompanying outlook for the start of the next quarter hinted at a stalling economy,...

Robert McLister: In an urgent bid to preserve market share, banks are pulling out all the stopsTo say Canada’s mortgage market is cutthroat is an understatement. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to...

Fastest growth since the first quarter of 2023The Canadian economy grew at a faster-than-expected annualized pace of 2.1 per cent in the second quarter of the year, but early indications point to a loss of momentum going into the third quarter. We apolog...

The closures are part of a restructuring the brand is carrying outTORONTO — Cannabis retailer Tokyo Smoke says it will be shuttering 29 of its stores as it seeks creditor protection. We apologize, but this video has failed to load. Try refreshing your br...

The proposed moves are pending engagement with groups that represent employeesShell Plc is set to cut around 20 per cent of its workforce in some oil and gas exploration and development divisions as chief executive Wael Sawan works to boost efficiency and pr...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...

Robert McLister: Happy long weekend to floating rate holders as a Bank of Canada cut next week is virtually guaranteedA slew of fixed-rate mortgages got cheaper this week, including the uninsured four-year fixed and the insured one-, three-, and four-year fi...

Company records higher results in almost all segments Get the latest from Naimul Karim straight to your inbox Sign Up Shares of Royal Bank of Canada hit new all-time highs on Wednesday after Canada’s largest lender reported higher profits and beat ana...