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Canada to enter ‘moderate and short-lived’ recession in 2023, RBC economists warnThe Canadian economy will slip into a “moderate and short-lived” recession in 2023 as it copes with rising interest […] This post is only…

More parts of China battle Covid and threats of lockdown as cases spike againThe number of cities restricting local movement due to Covid more than doubled in a week to […] This post is only…

Home sales, prices in Toronto and Vancouver plunge from last year’s highsHome sales in Toronto and Vancouver plunged in June from last year’s highs and property prices declined further as […] This post is only…

Oil prices bounce back from Tuesday tumble as supply concerns returnOil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the […] This post is only…

These Canadian banks are now among Citi’s top global stock picksMorgan Stanley U.S. equity strategist Michael Wilson is looking for lower earnings forecasts to signal a durable market bottom,“Over the […] This post is only…

Greater China stocks lead losses as Covid concerns resurge; Asia-Pacific markets fallGreater China stock indexes led losses as Covid concerns resurge, while Asia-Pacific markets traded lower on Wednesday.U.S. stock indexes […] This post is only…

Oil prices slip as recession fears rumble on, tight supply stems lossesBrent crude futures slipped 35 cents, or 0.3%, to $111.28 a barrel at 0016 GMT, having jumped 2.4% on […] This post is only…

Bank regulator beefs up rules for some types of home loansCanada’s top banking regulator is changing the rules that cover certain types of home loans to make sure that lenders and […] This post is only…

Economic Calendar July 4Monday July 4U.S. markets closed for holiday.(930 am ET) S&P Global Manufacturing PMI for Canada for June.(1030 am ET) Bank of Canada second quarter Business Outlook Survey […] This post is only…