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Home prices to drop one per cent by Q4 2023: Royal LePage outlook
TORONTO — Royal LePage is forecasting the aggregate price of a home in Canada will drop by one per cent to $765,171 by the fourth quarter of 2023.
Dec 13, 2022 1:00 AM
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Bank of Canada governor says rate hikes are working but it needs to stay the course
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn't taking any chances in its efforts to get the inflation rate back to two per cent, said governor Tiff Macklem on Monday.
Dec 12, 2022 3:28 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,019.70, up 72.63): Suncor Energy Inc. (TSX:SU). Energy. Up 97 cents, or 2.40 per cent, to $41.35 on 16 million shares.
Dec 12, 2022 2:21 PM
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S&P/TSX composite slightly up, U.S. markets rise Monday
TORONTO — Canada's main stock index was up slightly Monday, with gains in energy, industrials, technology and utilities, while U.S. markets posted stronger gains. The S&P/TSX composite index was up 72.63 points at 20,019.70. U.S.
Dec 12, 2022 1:56 PM
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Wall Street rises ahead of year's last barrage of rate hikes
NEW YORK — Stocks are closing higher on Wall Street at the start of a busy week where central banks are likely to unload the year’s final barrage of interest rate hikes. The S&P 500 rallied 1.4% Monday.
Dec 12, 2022 1:09 PM
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Supreme Court won't block California flavored tobacco ban
WASHINGTON (AP) — The Supreme Court on Monday refused a request from tobacco companies to stop California from enforcing a ban on flavored tobacco products that was overwhelmingly approved by voters in November. R.J.
Dec 12, 2022 12:23 PM
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Keystone pipeline leaks becoming more severe in recent years, U.S. data shows
CALGARY — Spills from TC Energy Corp.'s Keystone pipeline have been increasing in severity in recent years, to the point that the pipeline's safety record is now worse than the U.S. average, U.S. government data shows.
Dec 12, 2022 12:07 PM
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Constellation to buy U.S. broadcasting software firm WideOrbit, create spinoff
TORONTO — Constellation Software Inc. says it will buy U.S. tech company WideOrbit Inc., merge the firm with its subsidiary Lumine Group and then spin them off into a separate business.
Dec 12, 2022 11:21 AM
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Statistics Canada says household debt-to-income ratio climbed higher in third quarter
OTTAWA — Canadian households' debt-to-income ratio rose in the third quarter as rising interest rates affected the cost of borrowing. There was $1.
Dec 12, 2022 11:06 AM
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Microsoft taking 4% stake in London Stock Exchange
Microsoft is taking a roughly 4% stake in the operator of the London Stock Exchange, which has agreed to spend at least $2.8 billion in cloud-computing services from the technology giant.
Dec 12, 2022 10:38 AM
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