Author: Consultant

First Home Savings AccountIn a cooling housing market, Canadians who are looking to buy their first home have a new tool at their disposal: the First Home Savings Account, or […]

Laurentian Bank posts most profitable quarter since 2018Laurentian Bank of Canada LB-T +7.30%increase reported a second-quarter profit of $59.5 million, up from $53.1 million a year ago, its most profitable quarter since 2018.The […]

CAE’s fourth-quarter profit soars as revenues increase 25% excluding ventilators last yearCAE Inc. CAE-T +5.32%increase says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to […]

Strong demand bolsters Canadian factory activity in MayCanadian manufacturing activity expanded at a faster pace in May as firms raised output to meet strong demand for their goods and inflation […]

Bank of Canada announces half-point rate hike, says it is ‘prepared to act more forcefully’The Bank of Canada announced another oversized interest rate hike on Wednesday and said that it […]

TSX Snaps 7-session Winning Streak, Ends Notably LowerAfter seven successive days of gains, Canadian stocks drifted lower on Tuesday as worries about rising inflation and fears of tighter policy measures […]

Russia widens Europe gas cuts and halts Dutch, Danish and German contractsRussia widened its gas cuts to Europe on Tuesday with Gazprom saying it will turn off supplies to several […]

GDP disappoints, but Bank of Canada unlikely to alter rate pathCanada’s economic growth slowed in the first quarter of 2022, but an acceleration in demand showed why the Bank of […]

Before the Bell: May 31EquitiesWall Street futures wavered early Tuesday as traders head back to work after a long weekend. Major European markets were mixed after a weaker start. TSX futures […]