Why market bets for interest rate hikes in Canada are so high

The future path of interest rates in Canada is up for debate, with most economists coming down on the side of holds, while market bets are rising for two, perhaps…

Posthaste: Many Canadians could be committing insurance fraud — and don’t even know it

Many Canadians are committing insurance fraud even if they don’t know. More than 90 per cent believe others commit small…

Brookfield teams up with the Caisse in multi-billion-dollar deal to acquire Quebec’s Boralex

Brookfield Asset Management Ltd. has teamed up with the Caisse de Dépôt et placement du Québec to acquire Boralex Inc.,…

Rising gas prices have governments, companies stepping in

Rising fuel prices due to the war in Iran have some companies and the federal government offering financial relief. For…

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Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays

WASHINGTON — The Senate agreed unanimously early Friday to fund the Department of Homeland Security, but without funding for immigration…

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Duty-free stores revenue slashed in half as Canadians boycott U.S. travel

Duty free stores are bearing the brunt of the travel boycott to the United States as the steep decline in traffic at Canadian land borders…

Posthaste: Gold’s fall from grace could be worse than markets expect

Gold, last year’s market star , has been shoved to the sidelines while other commodities surge during the Iran conflict . Prices for bullion have…

Canada hits 2% NATO target but that won’t help the economy ‘anytime soon,’ economists say

Canada may have met its defence spending target, but that won’t translate into a boost in growth for its sagging economy “anytime soon,” say economists.…

Posthaste: The world’s biggest stock market is ‘geriatric.’ Should we be worried?

We all know North America’s population is greying, but so apparently is its stock market. According to Owen Lamont, economist at Acadian Asset Management, the…

Canada’s GDP edges higher, beating forecast

Canada’s economy grew 0.1 per cent in January, slightly above expectations, as goods-producing industries expanded for the second month in a row, Statistics Canada said…

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