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HIGHLIGHTS: Consolidated Results Revenue increased $87.5 million or 8% in the third quarter compared to the similar period last year, with higher revenues in both groups. Equipment Group was up 7% in […]

Last Updated: October 25, 2023 Interest rate forecast for 2023: 5.00%* October 2023 Canada Mortgage Rate Forecast  For more information about the 2023 Bank of Canada rate announcement schedule and […]

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing […]

Published: 10/30/2023 6:10 AM ET Gold prices traded mixed on Monday, after having hit five-month highs last week on heightened geopolitical tensions. Spot gold dropped half a percent to $1,996.34 per […]

Published: 10/30/2023 5:51 AM ET Oil prices tumbled on Monday as Middle East worries eased, and investors looked ahead to a busy week of economic data and central bank meetings. Benchmark […]

Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance […]

Fortis Inc. reported a third-quarter profit of $394 million, up from $326 million a year earlier. The gas and power utility says the profit amounted to 81 cents per diluted […]

Imperial Oil Ltd. says it earned $1.6 billion in the third quarter of 2023, down from $2.0 billion in the prior year’s quarter. The Calgary-based oil company says its profit […]

Air Canada AC-T reported surging profits in its latest quarter as consumers continued to spend on travel, despite higher inflation and interest rates weighing on their wallets. The country’s biggest airline saw […]