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TSX falls as jobs data fails to lift fog on rates
Canada's main stock index fell broadly on Friday as mixed employment data provided little clarity for investors ahead of central bank monetary policy meetings on both sides of the border.
Posted on 9-04-2015 at 12:47 PM
Fed's Lacker argues Fed should raise rates soon
A top Federal Reserve official said on Friday he had seen enough healing in the U.S. labour market to warrant raising interest rates soon.
Posted on 9-04-2015 at 11:59 AM
Toronto area home prices soar near 10% in August
Home prices in the Greater Toronto Area soared nearly 10 per cent in August, a month that saw buyers flocking to more affordable homes and condos in the suburbs.
Posted on 9-04-2015 at 11:00 AM
Boom or bust, booze business remains robust, says Corby CEO
The head of a Canadian alcohol distributor acknowledges that while his business is not entirely immune to the effects of a recession, it does come with a protective bumper.
Posted on 9-04-2015 at 10:53 AM
G20 to focus on global instability, slow growth: Joe Oliver
Structural reforms being planned by the world’s major economies have taken on increased importance because global growth has fallen behind forecasts, Canadian Finance Minister Joe Oliver told Reuters on Friday.
Posted on 9-04-2015 at 9:55 AM
Economists expect Bank of Canada to keep key rate low until 2017
The latest round of policy easing in Canada is probably over but interest rates are expected to stay low for longer as the central bank tries to lift the economy out of a mild recession, a Reuters poll of economists found.
Posted on 9-04-2015 at 9:14 AM
Oil companies facing forced asset sales as banks assess funding
Companies from Penn West Petroleum Ltd. to Athabasca Oil Co. are under pressure to sell assets to keep the money flowing.
Posted on 9-04-2015 at 8:59 AM
Penn West faces New York delisting as rout makes it penny stock
Penn West Petroleum is facing the loss of its New York listing, closing off another funding option for the cash-strapped Canadian oil producer to survive a crude price crash that’s forced it to fire 400 workers.
Posted on 9-04-2015 at 8:44 AM

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