The dividend hikes and buybacks are raining down from the Big Six.
Central banks told not to panic in face of inflation spike
Central bankers should hold their nerve as they watch the global economic recovery slowing, imbalances persisting, and a stronger and longer-than-expected inflation surge cast a shadow over the outlook, the OECD said.
Alberta deficit to shrink as oil price surge drives growth
Alberta slashed its deficit forecast for the current fiscal year by 68 per cent as surging oil prices drive economic growth in the western Canadian province.
General managers at several Tim Hortons in Ontario have been discussing a “hiring crisis” for weeks, according to 27 different threads of obtained and verified emails.
Most manufacturers facing more acute labour shortage than last year: survey
A new survey of Canadian manufacturers has found 82 per cent or respondents are facing labour shortages and 75 per cent feel their hiring troubles are even worse than last year.
The Daily Chase: Scotia beats and shares the wealth; Moderna vaccine uncertainty
Bank of Nova Scotia is taking full advantage of its newfound capital freedom while reporting a big profit beat to end its fiscal year.
Canada’s economy returned to growth in the third quarter, with consumers leading the way after a successful vaccination rollout and the lifting of most COVID restrictions.
Omicron poses new inflation headache for central bankers
The advent of the omicron variant of the coronavirus risks posing new challenges for central bankers by threatening economic growth while adding to inflation pressures.
The Daily Chase: Oil, equities rally after Friday rout; Vaccine makers restore confidence
Despite a weekend of headlines about Omicron’s spread (including cases in Canada), there’s some calm in markets today after Friday’s sell-almost-everything washout.
The new COVID-19 variant is shaking global markets. Major European indices have been down, futures are pointing to a shart drop and WTI has been up to 6 per cent lower.