Bank of Canada worried about impact of oil shock on inflation during rate deliberations

Alberta-Ottawa MOU negotiations miss first deadline as talks continue
Canada needs to hike GST and cut non-defence spending to meet 5% NATO target: report
Deloitte downgrades Canadian economic forecast due to CUSMA and Iranian war uncertainties
Posthaste: Look for the Canadian dollar to be an ‘underperformer’ once the war winds down, says CIBC

Posthaste: Middle East oil faces $25-billion repair bill — and that’s not the really bad news

The war in the Middle East has triggered what some say is the worst oil and gas supply disruption in history, not just by closure of the vital Strait of…

Canada’s economic performance has been lagging the U.S. for years, and this is to blame

Canada’s economy has been trailing behind the United States for years, according to a report from Statistics Canada published on…

Why market bets for interest rate hikes in Canada are so high

The future path of interest rates in Canada is up for debate, with most economists coming down on the side…

Posthaste: Many Canadians could be committing insurance fraud — and don’t even know it

Many Canadians are committing insurance fraud even if they don’t know. More than 90 per cent believe others commit small…

Highlights

U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month

Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi…

The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.
Average U.S. gas price hits $4 for the first time since 2022
A global jet fuel shortage is raising the cost of air travel

Latest News

Volatility is normal, panic is optional for investors in these times. Here’s what to keep in mind

We are through the first quarter of the year and if each month felt like a year on its own, the past three months have…

U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month

Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi militants launched ballistic missiles at…

The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some analysts say the worst could still be…

Average U.S. gas price hits $4 for the first time since 2022

The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges due to…

A global jet fuel shortage is raising the cost of air travel

American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited access to…

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