​The Canadian economy expanded at a faster-than-expected pace in the first quarter, growing at a 3.1 per cent annualized pace, sailing past economist expectations for a 2.5 per cent print.

Economists says Canada’s latest GDP figures raise the odds of further rate hikes from the Bank of Canada, though the central bank may wait for more data before stepping off the sidelines.

Now that all major Canadian banks have released their most recent quarterly earnings, one analyst said he is concerned about the health of Canada’s housing market due to the impact it could have on consumers.

​North American equity market futures are pointing to a higher open as we approach what looks like a deal on the U.S. debt ceiling.

With gross domestic product (GDP) figures for the Canadian economy set to be released this week, one strategist said the data could be crucial for the Bank of Canada as it decides whether to raise interest rates or not.

Following record-setting immigration figures last year, an immigration lawyer says Canada’s system does not go far enough to fill jobs in high-demand industries.