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Gold Rises On Inflation WorriesGold edged higher on Thursday as inflation and recession worries persist.Spot gold rose 0.4 percent to $1,854.22 per ounce, while U.S. gold futures were up half […] This post is only…

China central bank to step up policy implementation to support economyChina’s central bank will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy, […] This post is only…

Saudi, OPEC may make up for Russian oil output loss as Biden visit loomsSaudi Arabia and other OPEC members may boost oil output to offset a drop in Russian production, […] This post is only…

Canada’s big banks expect billions in added income following interest rates hikeCanada’s big banks expect to earn billions of dollars in added income from interest charges over the next year […] This post is only…

Oil Rallies On China Demand OptimismOil prices rallied on Wednesday amid expectations of firmer fuel demand from China, as Shanghai formally ended its two-month citywide lockdown and a private survey […] This post is only…

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 […] This post is only…

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 […] This post is only…

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 […] This post is only…

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 […] This post is only…