Shocks can force Bank of Canada to hike rates even when economy weak, says deputy

Why the Canadian dollar is bearing up as the surging greenback punches a hole through other G10 currencies
Posthaste: This dormant pipeline needs to be restarted for the sake of Canada, economists say
Former head of Competition Bureau Matthew Boswell joins law firm Norton Rose Fulbright as partner
Gold pares gains as traders weigh Iran war, Fed rate outlook

Payments processor Stripe expresses interest in PayPal

Payment processing firm Stripe Inc. is considering an acquisition of all or parts of PayPal Holdings Inc. , according to people familiar with the matter. Stripe, which is closely held…

Trump tariffs have likely peaked, says Brompton Funds CIO

Laura Lau, chief investment officer at Brompton Funds, talks to Financial Post’s Larysa Harapyn about the major forces affecting markets…

Posthaste: Millennials face tough balance between cost of living, investments

Canadian millennials are feeling the pinch when it comes to balancing the rising cost of living with saving for the…

OPEC+ delegates expect group to resume modest supply hikes

Some OPEC+ delegates said they expect the group will agree to resume modest production increases when it meets this weekend…

Highlights

L.A. County sues Roblox, alleges platform makes it easy for adults to target children

Los Angeles County filed a civil lawsuit against Roblox, alleging that the platform markets itself as a gaming experience for…

Warner Bros. Discovery reopens talks with Paramount
CFTC chief sides with prediction markets over state regulators in a high-stakes court case
Justice Department’s antitrust chief says she’s leaving, effective immediately

Latest News

Crisis-managing Canadian women often left out of people’s wills

By Brian Cox Women are more likely than men to be appointed to positions of trust for tasks such as administering estates and making important…

Mortgage renewal headwinds near a ‘turning point’ for pandemic buyers, report says

The mortgage renewal wave that has long loomed over pandemic buyers who purchased homes at rock-bottom rates may finally be coming to an end, according…

TSX, Dow drop more than 300 points in Iran conflict fallout

Canada’s S&P/TSX composite index and the Dow Jones industrial average have pared their steep losses from early Tuesday, but remain down at least 300 points…

Shocks can force Bank of Canada to hike rates even when economy weak, says deputy

Supply-side shocks that can simultaneously drive up prices and slow the economy are complicating the Bank of Canada ‘s fight against inflation, but the central…

Why the Canadian dollar is bearing up as the surging greenback punches a hole through other G10 currencies

Canada’s status as a major energy exporter is currently shielding the Canadian dollar from a surging greenback better than other G10 currencies, say currency investors.…

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