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Oil rose a second consecutive week as investors monitored progress made Friday on debt-ceiling talks to avoid a U.S. default.

Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.

A bipartisan group of U.S. lawmakers is urging the State Department to ask that Americans be exempted from Canada's tax on foreign property owners.

The federal government ended the 2022-23 fiscal year with a $41.3 billion deficit, slightly lower than it had forecast in its budget released in March.

Commodity markets are bracing for a long-awaited deal that would create a US$25 billion behemoth capable of competing with the world’s biggest agricultural players.

This week’s news that Canadian households have fallen deeper in debt than any other G7 country is setting off alarm bells.

The governments of Alberta, British Columbia and Quebec are joining the federal privacy commissioner in investigating the company behind the artificial intelligence-powered chatbot, ChatGPT.

As the spring season brings higher flood risk to Canadians, as seen in British Columbia recently, experts say many homeowners remain without adequate insurance to cover extreme weather's damage to their homes.

Albertans are heading to the polls for a May 29 general election, and the two frontrunners vying for the premiership are toeing a delicate line when it comes to their oil and gas industry pledges in a particularly tight race.

Oil edged higher and stayed on track for a modest weekly gain as investors monitored progress in talks to avoid a U.S. default while the dollar eased.

Corporate issuers are racing to sell debt denominated in Canadian dollars as the standoff around the U.S. debt ceiling continues and investors look to lock in the highest yields since November.

If it’s always the economy, Alberta Premier Danielle Smith and her United Conservative Party should be cruising toward reelection on Monday.

As cottage season dawns, the prospect of joint ownership with family or friends grows anew for many Canadians, budding perennially like a lakeside plant.

Brookfield Corp. has handed over control of a second building this year in Los Angeles as the city’s downtown faces rising vacancies and falling office values.

A technical issue forced Air Canada to ground some flights on Thursday.

Canada Mortgage and Housing says the country's total residential mortgage debt was $2.08 trillion as of January this year, up six per cent from January 2022.

TD Bank Group reported a second-quarter profit of $3.35 billion, down from $3.81 billion in the same quarter last year as it set aside more money for bad loans.

Best Buy topped profit estimates as it navigated a long sales slump in consumer electronics and household appliances.

​It's the busiest day on the big banks earnings calendar, with the likes of RBC, TD Bank and CIBC all reporting earnings before the opening bells.

Oil fell as tensions over the U.S. debt-ceiling impasse rose and Russia played down the chances that OPEC+ will cut production further.

CIBC raised its quarterly dividend as it reported a second-quarter profit of $1.69 billion.

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Toronto mayoral hopefuls squared off Wednesday in a debate over their proposed solutions to the city’s housing supply and affordability challenges, with candidates clashing over the government’s role in getting more homes built.

Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in June, according to the minutes of their May 2-3 meeting released Wednesday.

Oil jumped to an intraday high after government data showed U.S. stockpiles fell by more than 12 million barrels, the biggest draw since November.

Canada's leading banks are taking precaution in the face of a possible recession by setting aside more money for credit losses.

Microsoft Corp. is bringing its Bing search engine to OpenAI Inc.’s ChatGPT, further tightening ties with the artificial intelligence startup in a bid to challenge Google.

The Bank of Nova Scotia has reported adjusted net income of $2.17 billion for the second quarter, down 21 per cent from the same period a year ago.

Oil rose for a third day after Saudi Arabia's latest warning to short-sellers suggested OPEC+ could reduce output further to buoy prices.

BMO Financial Group raised its quarterly dividend as its second-quarter profit fell compared with a year ago and its provisions for credit losses climbed higher.

A buying frenzy is reemerging in Canada after one of the steepest housing price declines in the nation’s history.

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Florida Governor Ron DeSantis will announce his 2024 U.S. presidential campaign in a Twitter Spaces livestream with Elon Musk on Wednesday evening, according to people familiar with his plans.

Whether you're a young adult starting out in a first job, a prospective homeowner shopping for a first house, or a recent retiree learning to get by on a fixed income, brushing up on your financial knowledge can help to build confidence and freedom, said ABC Life Literacy Canada executive director Alison Howard.

The number of fires burning in Canada's top energy-producing province of Alberta declined in recent days, allowing some energy companies to restore oil and gas production that had been shut earlier in the month.

Canada has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis, according to the country's housing agency.

Outdoor retailer Mountain Equipment is opening a new store in New Brunswick this summer as it expands its brick-and-mortar presence on Canada's East Coast.

Statistics Canada says investor-occupants made up almost 10 per cent of homeowners in British Columbia in 2020.

​Oil fluctuated as traders weighed an unresolved U.S. debt-limit and mostly shrugged off a warning by Saudi Energy Minister Prince Abdulaziz bin Salman to short-sellers.

Dye & Durham Ltd. has signed a deal to buy South African legal software company GhostPractice Inc.

Canada’s farmers are getting older, and most don't have a clear succession plan, leaving a big question over who will take over the agriculture sector as a wave of retirements loom.

​Oil fluctuated as traders weighed an unresolved U.S. debt-limit and mostly shrugged off a warning by Saudi Energy Minister Prince Abdulaziz bin Salman to short-sellers.

Instagram is planning to release a text-based app that will compete with Twitter.

As Canadian banks get set to report quarterly results next week, analysts at RBC Capital Markets are predicting a challenging quarter for many of the nation’s major lenders, saying the “macroeconomic outlook has become more uncertain.”

Air Canada is launching non-stop, year-round service between Toronto and Yellowknife that it says will help support both tourism and business in the region.

Some new projects suggest there is room to build more livable communities in office-dense neighbourhoods, with a major mixed-use building in Toronto and office-to-residential conversions in Calgary set to put that idea to the test.

China’s ambassador is urging Prime Minister Justin Trudeau to avoid further 'provocation' as Canada weighs whether to launch a public inquiry into claims the Chinese government meddled in its elections.

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As WestJet ramped its operations back up after reaching an 11th-hour agreement with its pilots union, the chief executive of rival Flair Airlines said that the industry must respond to the demand for their increasingly sparse labour.

U.S. Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pause interest-rate increases next month, taking command of the policy debate after several officials suggested they wanted to keep hiking.