Latest News
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Canada’s inflation rate quickens to 2.4% ahead of BoC rate decision
Canada’s inflation rate accelerated by more than expected in September, but not enough to deter the Bank of Canada from cutting interest rates next week, according to several analysts. The Consumer Price Index rose 2.4…
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Bank of Canada’s Macklem sees slow growth, soft job market ahead of rate decision
Bank of Canada Governor Tiff Macklem expects slow economic growth and a soft labour market through the back half of the year as U.S. tariffs and uncertainty over the future of continental trade weigh on business…
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Calendar: Oct 20 – Oct 24
Monday October 20 China real GDP, retail sales, industrial production and fixed asset investment (8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for September. Estimates are month-over-month increases of 0.5 per cent…
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Aritzia shares are no bargain, until you look at the retailer’s growth prospects
This year’s Buy Canadian mantra is resonating well beyond the 49th parallel: Americans, too, are snapping up Aritzia Inc.’s ATZ-T -0.75%decrease popular items including the Super Puff jackets and Sweatfleece hoodies in U.S. stores as the Vancouver-based retailer’s expansion gains…
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Gold extends record run past $4,200 on rate-cut hopes, safe-haven fervor
Gold prices breached $4,200 per ounce for the first time on Wednesday, extending a record rally as rising interest rate cut bets and geopolitical jitters send investors flocking to the safe-haven metal. Spot gold rose 1.4%…
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Bank of America tops expectations on 43% surge in investment banking revenue
https://www.cnbc.com/2025/10/15/bank-of-america-bac-earnings-q3-2025.html
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OCT 14: Canadian Stocks Soar Amid Record-High Precious Metal Prices
Canadian stocks surged on Tuesday, rebounding from Friday’s losses, as gold scales a new peak and in the process lifted many of the mining stocks in Canada’s materials sector, while markets assimilated the renewed China-U.S. trade tensions.…
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Stellantis shifts Jeep Compass production to Illinois from Brampton
Stellantis NV STLA-N +1.72%increase says it is moving production of the Jeep Compass to Illinois from Brampton, Ont., part of a US$13-billion plan to boost production in the United States. The Brampton plant has been idle since 2023,…
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Global oil surplus could stretch into 2026 on higher OPEC+ output, softening demand, IEA says
World oil supply will rise more rapidly than previously expected this year and a surplus could expand in 2026 as OPEC+ members and other producers lift output and demand remains sluggish, the International Energy Agency predicted on…