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Finance & Business News
Yahoo Finance CanadaLove dividends? Don't overlook beaten-down preferred shares
The preferred share market has been battered by the rapid rise in interest rates, but that has also created some solid entry points, money managers say.
Yahoo Finance CanadaOil 'mega bulls' tamed in 2023: RBC survey
A recession or a weakeningmacroeconomic backdrop was the most widely-cited downside risk over the next six to 12 months.
Yahoo Finance CanadaAir Canada flights delayed over technical issue for second time in one week
Air Canada flights across the country were delayed on Thursday, the second time in the span of a week that a technical issue has created widespread delays in the airline's system.
Yahoo Finance CanadaTesla's Canadian market share lowest since mid-2021: S&P Global
Scotiabank has warned that high borrowing costs and stubborn inflation could limit EV sales in the country.
Yahoo Finance CanadaThe 'income' is back: Fixed income returning to favour with money managers
Bond experts weigh in on the best ways retail investors can add fixed income exposure to their portfolio.
Yahoo Finance CanadaCanada's economy grew more than expected in Q1, putting pressure on BoC
Canada’s economy grew 3.1 per cent annually in the first quarter of the year, Statistics Canada said on Wednesday, a stronger increase than what analysts or the Bank of Canada expected.
Yahoo Finance CanadaHalf of condo investors with mortgages in GTA are not making money: Report
The surge in interest rates has pushed ownership costs higher, outpacing monthly average rents.
Yahoo Finance CanadaCanadian Tire bumps Tim Hortons out as most trusted brand: survey
Morning Consult ranks top global brands based on net trust scores, meaning the share of consumers who trust brands minus the share of those who distrust the brand.
Yahoo Finance CanadaU.S. regional banking troubles only in 'early innings': CIBC CEO
It's one of the reasons why the lender is sitting on the bench instead of hunting for potential deals in the regional bank sector.
Yahoo Finance CanadaCanadians cutting back, considering extra work to pay down debt: survey
Some 30 per cent of Canadians are overwhelmed by their debt load "and don't know what to do about it," the poll found.
Yahoo Finance CanadaGround stop lifted for Air Canada, after technical issue halts flights
Air Canada says the its system is now returning to normal, with some delays.
Yahoo Finance CanadaOil price boost finally lifts outlook for Canadian oil: S&P Global
S&P Global Commodity Insights now sees oilsands production reaching 3.7 million barrels per day by 2030.
Yahoo Finance CanadaRBI shareholders approve US$116,700,000 pay plan for executive chairman
The support for Patrick Doyle's compensation plan came despite negative recommendations from two major proxy advisory firms.
Yahoo Finance CanadaWhy TFSAs are a top choice in estate planning
Many Canadians spend their lives building wealth, and that's why it's so important to shield it from the tax man upon death.
Yahoo Finance CanadaDoug Ford weakened EV sales in Ontario: General Motors VP
Ford has dismissed EV purchase subsidies as a benefit for “millionaires,” instead shifting his government's focus to boosting Ontario’s appeal as a hub for electric vehicle and battery manufacturing.
Yahoo Finance Canada'We're doubling down on payments:' Lightspeed Commerce shifts its business model
"We're doubling down on payments," Lightspeed Commerce's CEO said.
Yahoo Finance CanadaNew clean fuel rules will hit poorer Canadians the hardest, budget watchdog warns
Saskatchewan, Alberta, and Newfoundland and Labrador will see the highest increased costs, according to the PBO
Yahoo Finance CanadaVote against ‘excessive’ executive chairman pay, advisory firms urge RBI shareholders
Two proxy advisory firms have recommended Restaurant Brands International shareholders vote against the company’s US$116.7 million compensation plan for executive chairman Patrick Doyle.
Yahoo Finance Canada‘Extremely bullish’: Oil could hit US$100 per barrel this summer
Energy Aspects sees global oil demand growing by 1.5 million barrels of oil equivalent per day in 2023, led by China’s reopening.
Yahoo Finance CanadaInterest rates will likely stabilize around these levels: Sun Life CEO
With structural factors impacting inflation, the head of Canada's second-largest insurer says rate cuts will be hard to come by.
Yahoo Finance CanadaAs inflation ticks up in Canada, here is how much food prices went up in April
Grocery store prices were up 9.1 per cent in April, slowing increases from 9.7 per cent in March.
Yahoo Finance CanadaSome variable-rate borrowers will need $160,000 to avoid rising payments: Desjardins
Many homeowners will face risks when it comes time to renew their mortgage, but newer variable-rate borrowers will face the biggest shock of all, the analysis says.
Yahoo Finance CanadaInflation picks up steam again in Canada, as mortgage and rent costs rise in April
The acceleration in prices is the first in Canada since June 2022.
Yahoo Finance CanadaCanadians unsatisfied with DIY investing options: survey
40 per cent of investors said they have had a less-than-seamless experience with their brokerages.
Yahoo Finance CanadaHomebuyers opting for short-term, fixed mortgages in hopes rates will fall: Ratehub
The once-ultra popular variable rate mortgage is still being shunned by buyers and likely won't see demand rebound until rates fall, the report says.