Domestic demand helps Canadian factory sector rebound in January TORONTO: Canadian manufacturing activity expanded in January for the first time in six months as an uptick in... Published 01 Feb, 2023 08:20pm
World Canada’s annual inflation rate eases slightly to 6.8% in November OTTAWA: Canada’s annual inflation rate eased slightly to 6.8% in November as gas prices rose at slower pace and... Published 21 Dec, 2022 07:17pm
World Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November OTTAWA: Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for... Published 20 Dec, 2022 07:53pm
World Canada home price index falls more sharply in November: Teranet TORONTO: Canadian home prices fell in November from the previous month and at a faster pace than in October, while... Published 19 Dec, 2022 07:14pm
Business & Finance Bank of Canada chief sees inflation ‘a little over’ 8% as soon as next week OTTAWA: The Bank of Canada expects inflation to go “a little over” 8%, as soon as next week when June’s data is... Published 16 Jul, 2022 06:20pm
World Canada jobless rate hits record low, bolstering case for 75-bps rate hike OTTAWA: Canada’s jobless rate inched down to a new record low after adding more jobs than expected in May, official... Published 10 Jun, 2022 07:26pm
Markets C$ slips as Shanghai lockdown measures weigh on oil TORONTO: The Canadian dollar weakened against its U.S. counterpart on Thursday, extending its pullback from a... Published 09 Jun, 2022 07:33pm
Markets Bank of Canada says rates may have to double to 3%, or go even higher OTTAWA: The Bank of Canada will probably have to raise its policy rate to the top of its neutral range, double its... Published 02 Jun, 2022 10:03pm
Markets C$ holds near multi-week high as EU bans Russian oil TORONTO: The Canadian dollar was little changed against its broadly stronger U.S. counterpart on Tuesday as oil... Published 31 May, 2022 07:07pm
Markets C$ pulls back from 3-week high as risk appetite cools TORONTO: The Canadian dollar edged lower against its U.S. counterpart on Tuesday as equity markets globally gave... Published 24 May, 2022 07:03pm
World Canada adds fewer jobs than expected in April, jobless rate dips to 5.2% OTTAWA: The Canadian economy added far fewer jobs than expected in April, though the unemployment rate inched down... Published 06 May, 2022 06:00pm
World Canada loses 200,100 jobs in Jan, unemployment rate jumps to 6.5% The Canadian economy lost a net 200,100 jobs in January, more than analysts had expected, and the unemployment rate... Published 04 Feb, 2022 07:27pm
Markets C$ falls as COVID surge in Europe saps risk appetite The Canadian dollar fell versus its US counterpart on Friday, touching a seven-week low as concerns over surging... Published 19 Nov, 2021 09:17pm
Markets Canadian dollar slips as inflation data matches expectations TORONTO: The Canadian dollar weakened to a five-day low against its US counterpart on Wednesday as oil prices fell... Published 17 Nov, 2021 07:54pm
Markets Canadian dollar rebounds as Macklem sees less economic slack TORONTO: The Canadian dollar strengthened against its US counterpart on Monday, clawing back some of last week's... Published 15 Nov, 2021 08:55pm
Markets Canadian dollar dips against firmer greenback as exports fall TORONTO: The Canadian dollar weakened against its US counterpart on Thursday as the greenback rallied against a... Published 04 Nov, 2021 06:36pm
Markets Canadian dollar hits 6-day low as oil prices fall Canadian dollar weakens 0.3% against the greenback Touches its weakest since last Wednesday at 1.2417 Price of US oil falls 1.1% Value of Canadian building permits rises 4.3% in September Published 02 Nov, 2021 06:28pm
Markets Canadian dollar steadies as speculators turn bullish on the currency TORONTO: The Canadian dollar barely moved against its US counterpart on Monday as data showed speculators turning... Updated 01 Nov, 2021 08:23pm
Markets Canadian dollar rises on positive investor sentiment Canadian dollar strengthens 0.2% against greenback Loonie trades in a range of 1.2351 to 1.2393 Canadian bond yields ease across a flatter curve Published 26 Oct, 2021 05:54pm
Markets Canadian dollar clings to modest gain after hot inflation data Canadian dollar strengthens 0.1% against the greenback Loonie trades in a range of 1.2336 to 1.2368 Price of US oil falls 1% Canadian bond yields trade mixed across a steeper curve Published 20 Oct, 2021 07:39pm
Markets Canadian dollar loses ground to high-flying greenback Canadian dollar weakens 0.2% against the greenback Price of US oil decreases 0.7% Producer prices in Canada fall 0.3% in August Canadian 10-year yield eases 2.3 basis points Updated 29 Sep, 2021 06:41pm
Markets Canadian dollar retreats from 3-week high as bond yields climb Canadian dollar weakens 0.4% against the greenback Canadian payroll employment rises by 324,800 in July Price of US oil increases 0.6% Canadian 10-year yield touches a near four-month high Published 28 Sep, 2021 09:22pm
Markets Canadian dollar clings to weekly gain as China injects liquidity Canadian dollar rises 0.1% against the greenback Loonie trades in a range of 1.2637 to 1.2690 Price of US oil falls 1.2%; copper gains 1.5% Canadian 10-year yield touched its highest since Aug. 11 Updated 17 Sep, 2021 06:56pm
Markets Canadian dollar firms as inflation climbs to 18-year high Canadian dollar strengthens 0.2% against the greenback Canada's annual inflation rate accelerates to 4.1% in August Price of US oil rises 2.1% Canadian bond yields rise across the curve Published 15 Sep, 2021 06:53pm
Markets Canadian dollar rises as softer US inflation data clips greenback Canadian dollar strengthens 0.4% against the greenback Price of US oil increases 0.9% Canadian factory sales fall 1.5% in July Canadian 10-year yield rises 1.1 basis points to 1.232% Published 14 Sep, 2021 07:45pm
Markets Canadian dollar rallies as jobs gain supports BoC tapering Canadian dollar strengthens 0.6% against the greenback For the week, the loonie is on track to fall 0.5% Canada's economy adds 90,200 jobs in August Canadian bond yields rise across a steeper curve Published 10 Sep, 2021 07:36pm
Markets Canadian dollar firms ahead of Macklem speech on QE program Canadian dollar strengthens 0.1% against the greenback Loonie trades in a range of 1.2667 to 1.2727 Price of US oil falls 1.8% Canadian bond yields were little changed across the curve Published 09 Sep, 2021 07:11pm
Markets Canadian dollar notches 2-week high as Fed taper fears ebb Canadian dollar strengthens 0.3% against the greenback Loonie touches its strongest since Aug. 17 at 1.2573 Canada's current account surplus widens to C$3.6 billion Canadian bond yields were little changed across the curve Published 30 Aug, 2021 07:59pm
Markets Canadian dollar pares gains as price pressures ease in June Canadian dollar strengthens 0.2% against greenback Canada's annual inflation rate in June dips to 3.1% Price of US oil rises 0.5% Canadian bond yields rise across the curve Published 28 Jul, 2021 08:04pm
Markets Canadian dollar gains as risk appetite shows signs of recovery Canadian dollar strengthens 0.2% against the greenback Canadian new home prices rise 0.6% in June from May Price of US oil increases 1.7% Canadian bond yields increase across a steeper curve Published 21 Jul, 2021 07:31pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points