Bank of Canada to make rate decisions based on domestic economy, not markets or the Fed, says Macklem

Macklem warned that the central bank can’t be too slow to respond if inflationary pressures become more persistent. It will be difficult for Canadians to adapt if the governing council raises rates ...

Don't be fooled by the government's marketing of its 'mega' productivity deduction

Similarly, the Department of Finance on Sept. 15 released a backgrounder and companion draft legislation for something it has ...

Canadian industry minister warns of bipartisan support in U.S. for tariffs

Canadian Industry Minister Melanie Joly said there’s bipartisan political support for tariffs in the United States, raising ...

The TSX stocks to watch following the Canada Investment Summit

Watch: 'It's really hard to find companies that aren't going to have a positive knock-on effect from this' ...

Ottawa fast-tracks $3.5-billion LNG expansion on B.C. coast

B.C. energy provider FortisBC now has the green light for a $3.5-billion expansion of an LNG terminal. Located in Delta, B.C. on the industrialized Tilbury Island, the Fortis facility supplies fuel to ...

Posthaste: This province is expected to lead the pack by a mile this year — and no, it's not Alberta

Newfoundland and Labrador tops the chart of TD Economics provincial forecasts. Its estimated 4.5 per cent growth in real gross domestic product far exceeds the next highest contender, Alberta, where ...

Garry Marr: Why U.S. 30-year mortgage contracts are a mixed blessing for homeowners

Meanwhile, Americans who locked into mortgages at the bottom of the market continue to enjoy rates that dipped below three per cent for a 30-year fixed mortgage, according to the Federal Reserve Bank ...

Canadian trips to the United States continue to climb in July

Canadian residents returned from 2.8 million trips to the U.S. in July, up 10.1 per cent from a year ago, Statistics Canada travel data showed Tuesday. July was the fourth month in a row to show an ...

Abu Dhabi’s XRG is said to eye stake in Shell-backed LNG Canada

Abu Dhabi’s XRG is exploring the acquisition of a stake in the Shell PLC -led LNG Canada export project, as the state-owned group pursues plans to become a major global supplier of natural gas, people ...
Financial Post

Canada’s Big Six banks jointly explore digital deposits network

The country’s bank regulator said earlier this month that tokenized deposits are permissible under existing legislation The lenders announced the initiative, aimed at developing digital money based in ...

AI staff complain of mental toll over fears of threat to society

The escalating mental toll on those at the frontier of AI research comes as concerns about the reckless development of AI reach a fever pitch, with insiders at the world’s largest AI groups warning of ...

Canada seeks to wrap India trade talks soon as U.S. ties fray

Earlier this year, Carney and his Indian counterpart Narendra Modi pledged to deepen cooperation in trade and supply chains during the Canadian leader’s first official visit to India, part of a ...