The biggest party in Canada’s oil patch is staging a comeback this year, fueled by soaring energy prices and a population eager to mark the end of two years of pandemic lockdowns.

The selloff in stocks deepened after weak consumer-spending data fueled worries about a recession, with the S&P 500 suffering its cruelest first-half since Richard Nixon’s presidency.

A look at what investors will be watching in the week ahead.

A cut to the provincial gas tax promised by Premier Doug Ford before the June election takes effect on Friday and experts say it may offer some relief to drivers facing sky-high pump prices, but the long-term benefits to consumers are unpredictable.

Canopy Growth shares plunged the most since February 2021 after the beleaguered Canadian cannabis company penned a deal to exchange debt for a mix of shares and cash.

Air Canada shares dropped after the company said that it will make “meaningful” reductions to its summer flight schedule in order to quickly bring passenger volumes down to a manageable level.

This was supposed to be a blowout year for Canadian equities, benefiting from soaring commodity prices and a forceful post-pandemic rebound in consumer spending.

Base metals booked the worst quarterly slump since the 2008 global financial crisis as China’s economy recovered only gradually and fears of a world recession intensified.

Bitcoin is on track for its worst quarter in more than a decade, as hawkish central banks and a string of high-profile crypto blowups hammer sentiment.

To half-quote Charles Dickens: It was the best of times, it was the not-quite-worst-of-times — but it sure was a wild ride.

One of Canada’s biggest credit unions is warning against deeper spending cuts from Prime Minister Justin Trudeau’s government to wrestle down inflation, saying the economy is poised to slow sharply.

Whether it’s commendable courage or a refusal to face reality, a receding stock market tide has left Wall Street analysts sitting with price predictions that will take more than a little luck to come true.

Oil headed for the first monthly decline since November as OPEC+ completed the return of output it halted during the pandemic and the U.S. president said he’ll push allies in the Persian Gulf region to boost production next month.

A majority of domestic flights to Canada's busiest airports were delayed or cancelled over the past week as the effects of an overloaded international network continue to ripple across the country.

The U.S. agreed to pay vaccine partners Pfizer and BioNTech US$3.2 billion in a deal for 105 million of their messenger RNA shots against COVID-19.

A dirty little secret in a US$1.2 trillion world of credit is getting exposed as the Wall Street rout deepens: Private debt is now the cheaper financing option for big-ticket leveraged borrowers than the ailing public market -- upending industry norms.

​The recent underperformance in the energy sector has led one analyst to make a bullish call on the industry.