Inflation galloped to 7 per cent for the week ended March 22, on higher prices of food, vegetables, minerals and manufactured items, even as measures to tame prices are expected to take effect only in 2-3 weeks.
August inflation hit 4.7 per cent on the back of huge utility bills and means the Bank of England Governor has to write to the Chancellor. Double-digit rises in energy tariffs sent the Consumer...
Just four months after wallowing at the 12,000 level amid fallout from the global credit crunch, the benchmark index of the TSX closed at a record high above 15,000 Tuesday amid ongoing strength...
Prices of resale homes edged up in Canada last month, but at a more moderate pace, signalling further cooling in the once red-hot sector, the Canadian Real Estate Association said Thursday. -...
The S&P/TSX composite index plummeted almost 605 points on Monday as it joined a worldwide market sell-off prompted by growing fears of a U.S. recession. The benchmark index finished at...
Investors are still betting the OPEC oil producers will increase supply when they meet next week in Abu Dhabi. Their expectations have sent oil prices down below $89 a barrel for the first time...
The S&P/TSX composite index plummeted more than 500 points in morning trading Monday as it joined a worldwide market sell-off prompted by growing worries of a U.S. recession. - The benchmark...
The Canadian economy has skirted a recession so far this year as Statistics Canada reported Friday that gross domestic product grew at a weak annualized rate of 0.3 per cent in the second quarter...
Canadians can expect economic growth to grind to a near halt in the second quarter of the year because of the U.S. slowdown and the global credit crunch, the Bank of Canada said Thursday. - In...
The Toronto stock market staged a dramatic rebound Tuesday as an emergency rate cut from the U.S. Federal Reserve and a smaller cut by the Bank of Canada persuaded investors to wade back into the...
The Canadian economy's record of habitually churning out robust employment growth came to an abrupt end in December, as 18,700 jobs disappeared, Statistics Canada said Friday. The report was...
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