Investors expect the Bank of Canada will start an aggressive series of interest rate hikes this week as the central bank launches its campaign to wrestle inflation down from a three-decade high.
Microsoft shares fell in late trading after reporting decelerating demand for Azure corporate cloud-computing services, sparking concern that the company’s growth engine is losing steam after years of driving revenue.
The Calgary Real Estate Board says it expects the city's housing market activity to moderate this year after record sales were experienced in 2021, but tight conditions will linger.
Ontario Premier Doug Ford says the province is "very, very close" to a child-care deal with the federal government.
Canada’s orphaned oil wells problem is going from bad to worse, and a new report estimates the cost of cleaning them up could rise to $1.1 billion by 2025, posing a threat to government balance sheets.
Manulife Financial Corp. promoted Alex Lucas to chief executive officer of the firm’s banking unit, succeeding Rick Lunny, who is retiring at the end of next month.
U.S. consumer confidence fell in January for the first time in four months as Americans’ views about the outlook for the economy and labor market cooled.
Metro Inc. reports its first-quarter profit and sales climbed compared with a year ago, despite challenges caused by rising inflation.
A former head of the Bank of Canada said he expects inflation will gradually come down from multi-decade highs and expects to see the central bank’s main policy rate rise by a full percentage point at minimum.
U.S. equity futures declined and stocks were mixed Tuesday as investors braced for tighter monetary policy, while also weighing geopolitical tensions and earnings reports.
Nvidia Corp. is quietly preparing to abandon its purchase of Arm Ltd. from SoftBank Group Corp. after making little to no progress in winning approval for the US$40 billion chip deal, according to people familiar with the matter.
IBM reported revenue that beat analysts’ estimates, buoyed by strong demand in the software unit, which includes its hybrid-cloud offering, signaling the firm’s efforts to transform the 110-year old tech giant are bearing fruit.
How aggressive will the bank be this year? Bloomberg asked investment managers for their view on the key factors guiding Governor Tiff Macklem and members of the rate-setting council.
A new non-profit organization has joined several other groups in seeking indigenous ownership of the Trans Mountain Pipeline that runs from Alberta to Canada’s west coast.
A new Indigenous non-profit organization is seeking an ownership stake in the Trans Mountain Pipeline, saying its aim is to make sure communities along the pipeline's route receive its benefits directly.
This chief executive at Waterloo, Ont. innovation hub Communitech has spent much of the pandemic hearing about hospitals worried about dwindling inventories of COVID-19 tests, while companies less than 80 kilometres away have the ability to make more.
Enerflex Ltd. announced on Monday that it’s buying Houston-based Exterran Corp. in a US$735-million cross-border deal that will combine a pair of midstream service providers in the energy industry.
Following a year that saw severe weather wreak havoc on Canada’s supply chains and as COVID-19 continues to impact Canadians’ health and work, corporations and investors are diverting serious dollars toward environmental, social and governance (ESG) initiatives -- and securities regulators are taking notice.
Shopify Inc. may prove to have more staying power, but its more than 50 per cent drop since Nov. 19 is testing the bulls’ resolve.
Peloton Interactive Inc. is set to face calls from an activist investor to fire its chief executive officer and pursue a sale, according to a person with knowledge of the matter.
#OPINION: Is Microsoft's US$69B Activision mega-deal a smart move? Bloomberg News' Tae Kim thinks there could be several big problems with the proposed takeover.
Oil capped its fifth week of gains on continued signs of robust demand and strained crude supplies that have taken prices to seven-year highs.
Home Economics Newsletter: BNN Bloomberg breaks down how Bank of Canada interest rate hikes could impact your household finances, the economy and your investments
The trouble in megacap tech is showing no signs of stopping, and earnings from some of the most-prominent names are adding to investors’ list of worries.
Shopify plunged by the most since March 2020 after a report that the Canadian e-commerce company terminated contracts with several warehouse and fulfillment partners.
Turmoil and confusion over whether truckers would remain exempt from the vaccine mandate last week stemmed from bureaucrats misinterpreting policy in more than one federal agency -- including the one that co-ordinates Canada's response to the COVID-19 pandemic.
News flash: COVID isn’t going to be public enemy No. 1 for the global economy in 2022. The biggest dangers this year will stem from inflation and the risk that policymakers will call the post-COVID recovery wrong.
Since its mid-November peak though, Shopify’s stock price has plunged about 45 per cent, leaving some shareholders reeling and others likely wondering whether the drop presents a good entry point.
Two of Canada’s largest convenience store operators are taking opposing strategies when it comes to expanding their food services.
Investment in Canada’s oil and natural gas industry will rise 22% this year to $32.8 billion amid higher prices for hydrocarbons, according to the Canadian Association of Petroleum Producers.
“Everything we’re doing right now – since the beginning of this pandemic – with fiscal policy, monetary policy is experimental. We’ve never done this before, we’ve never come out of a pandemic before”
Netflix expects to add just 2.5 million subscribers this quarter, a number that falls short of Wall Street’s estimates and would mark the slowest start to a new year for the company in at least a decade.
Shares of Canadian digital health service provider Well Health Technologies soared Thursday after the company released preliminary Q4 results and said it’s planning to revisit a share buy-back program.
The federal government has announced $2.27 million in funding for eight East Coast tech startups and a not-for-profit organization that supports entrepreneurs in the region.
The banks have different structures and offerings, but most operate through government or philanthropic donations and target low-income residents with short-term needs.
Ontario Premier Doug Ford is expected to announce a plan on Thursday to gradually lift COVID-19 restrictions across the province at the end of the month, CTV News has learned.