Home Staff, with files from Canadian Press

Staff, with files from Canadian Press

However, the weakness isn't broad-based

  • July 18, 2019 July 18, 2019
  • 13:41

Higher interest rates and stricter mortgage rules contribute to moderating market

  • January 4, 2019 January 4, 2019
  • 10:24

Canadian manufacturing sales rose more than expected in June, boosted by a 16% surge in oil and coal shipments. Statistics Canada said Thursday manufacturing sales were up 1.1% to $58.1 billion in June, following a 1.5% increase in May. Economists had expected an increase of 0.9% in June, according to Thomson Reuters Eikon. In constant […]

  • August 16, 2018 August 16, 2018
  • 00:00

Wealthsimple is planning to launch what the robo-advisor says is the first zero-commission stock-trading service in Canada. The financial technology company says users of Wealthsimple Trade will have access to unlimited zero-commission trades of more than 8,000 publicly traded stocks and ETFs listed on major Canadian and U.S. exchanges. Subject to regulatory approvals, Wealthsimple Trade […]

  • August 16, 2018 August 16, 2018
  • 00:00

Sun Life Financial Inc.’s net income rose approximately 6% for the second quarter ended June 30. The Toronto-based financial services firm reported net income of $729 million for Q2, up from $689 million in the same quarter a year earlier. The company says the increase came partially from business growth, though some factors that offset […]

  • August 9, 2018 August 9, 2018
  • 00:00

Core earnings were up in the Canada, U.S. and global wealth and asset management divisions

  • August 9, 2018 August 9, 2018
  • 00:00

Canada Mortgage and Housing Corp. says there was a slowdown in housing construction starts in July, following a near-record high in the previous month. The federal Crown corporation says the seasonally adjusted annualized rate of housing starts dropped to 206,314 units in July, from 246,200 in June. Urban multiple-unit projects such as condos and apartments […]

  • August 9, 2018 August 9, 2018
  • 00:00

Real GDP growth in February was largest monthly increase since 2017

  • May 1, 2018 May 1, 2018
  • 00:00

Get all the latest information on key economic data–from GDP to employment to trade data–from Statistics Canada here. Find Bank of Canada’s quarterly Monetary Policy Reports here. For Bank of Canada’s interest rate announcement schedule, click here.

  • April 12, 2018 August 30, 2018
  • 12:31

Quebec’s Caisse de dépôt pension fund manager has released its financial results for the year ended Dec. 31, 2017. The annualized weighted average return on its clients’ funds is 9.3% for 2017, and 10.2% over a period of five years. In 2017 net investment results were $24.6 billion. Net deposits totalled $3.2 billion. Over five […]

  • February 21, 2018 August 21, 2018
  • 00:00