10h ago
Federal Reserve officials left their benchmark interest rate unchanged near zero as they flagged a moderating U.S. recovery and reiterated a pledge to use all available tools to support the economy during the coronavirus pandemic.
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17h ago
7:34Reddit stock frenzy 'a sign of frothiness' in market fringes: CIBC's Dodig
CIBC Chief Executive Officer Victor Dodig said that the recent rallies in shares of companies like BlackBerry Ltd. and GameStop Corp. is a sign of "frothiness" occurring in the fringes of the market.
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Jan 26
7:04Canadian manufacturers predict 'tough sledding' as Biden signs Buy American order
The head of the Canadian Manufacturers and Exporters says he expects “tough sledding” ahead for his members after U.S. President Joe Biden ordered more stringent Buy American rules for government spending..
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Jan 26
9:04Consumer confidence in U.S. improves on outlook for economy
U.S. consumer confidence rose in January as Americans grew more upbeat about the outlook for the economy and job market in light of further fiscal aid and the distribution of coronavirus vaccines.
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Jan 26
7:47Powell, with year to run at Fed, aims to avoid past QE mistake
Federal Reserve Chair Jerome Powell heads into what could be his last year atop the central bank determined not to repeat the mistake he made when he was a neophyte monetary policy maker seven years ago.
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Jan 26
IMF boosts world growth outlook as vaccines outweigh uncertainty
The International Monetary Fund raised its forecast for global growth this year, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent pandemic.
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Jan 25
7:04Biden signs order boosting federal spending on U.S. products
President Joe Biden will sign an executive order on Monday to boost federal agencies’ purchases of U.S. products, fulfilling a campaign pledge to lay out a “Buy American” plan.
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Jan 25
7:04Canadian manufacturers predict 'tough sledding' as Biden signs Buy American order
The head of the Canadian Manufacturers and Exporters says he expects "tough sledding" ahead for his members after U.S. President Joe Biden ordered more stringent Buy American rules for government spending.
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Jan 24
9:24Canada worries about Biden's 'Buy American' after KXL blow
Canada is uneasy about President Joe Biden’s planned “Buy American” provisions and will press the case against moves that would harm the countries’ $725 billion trade relationship, according to Canada’s top diplomat.
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Dec 4
As Canadians look to Ottawa to repair an economy ravaged by COVID-19, there’s a growing focus on our savings accounts as a source of potent fiscal stimulus just waiting to be “unleashed.”
