North American stock markets down in late-morning trading, loonie lower
TORONTO — Losses in the energy and financial sectors weighed on the Toronto Stock Exchange as Canada's main stock index was down in late-morning...
S&P/TSX composite edges lower at the start of trading, U.S. markets gain
TORONTO — Canada's main stock index edged lower in early trading as the Toronto market was weighed down by losses in the materials sector,...
Canada Post reports $153M loss in 2019 amid rising parcels competition
OTTAWA — Canada Post says it lost $153 million before tax last year as intense e-commerce competition slowed growth at its parcels business and...
Feds to seek equity or cash from companies applying for new COVID-19 loan program
OTTAWA — Large companies that receive bridge financing through a new federal loan program will have to give the government the option to take...
As COVID-19 response ramps up, more scrutiny required: NDP’s Singh
OTTAWA — As the Liberal government expands the financial supports designed to blunt the impact of the COVID-19 pandemic, NDP Leader Jagmeet Singh says...
North American stock markets open trading higher, price of oil rises
TORONTO — Canada's main stock index pushed higher in early trading, helped by gains in the financial and industrial sectors while energy stocks got a...
All eyes on credit loss provisions as banks prepare for ‘ugly’ Q2 earnings
TORONTO — Mortgage and loan deferral programs rolled out by banks amid COVID-19 are bound to contribute to drops in revenue and spikes in provisions for...
S&P/TSX composite index opens higher, while U.S. stock markets mixed
TORONTO — Canada's main stock index posted a triple-digit advance in early trading, powered by broad-based gains in the key energy, financial and industrial...
PM announces annual increase to the Canada Child Benefit
Since it was introduced four years ago, the Canada Child Benefit (CCB) has helped put more money in the pockets of 9 out of...
Large Employer Emergency Financing Facility must be well defined
There’s no doubt there is an itch to get back to normal, but there are obstacles to that and, of course, questions about how...