This Chart May Be The Best News In Ages About Canada's Economy

This Chart May Be The Best News In Ages About Canada's Economy

Daniel Tencer  03. 4.2015
For years, economists have been saying that if Canada wants sustainable growth, it has to stop relying on consumers taking on more debt...
BMO Profit Sinks As Consumers Pull Back On Borrowing

BMO Profit Sinks As Consumers Pull Back On Borrowing

CP  02.24.2015
TORONTO - Bank of Montreal saw its first-quarter profit shrink from a year ago, amid a challenging interest rate environment and signs...
Now We Find Out What The Oil Price Collapse Is Doing To Canada's Banks

Now We Find Out What The Oil Price Collapse Is Doing To Canada's Banks

CP  02.22.2015
TORONTO - Canada's top lenders are expected to report a decline in their investment banking profits when they release their first quarter...
Look At The Massive Spike In Energy Industry Layoffs

Look At The Massive Spike In Energy Industry Layoffs

Daniel Tencer  02.10.2015
Announced layoffs in the U.S. energy industry have hit a record high of more than 20,000, according to a new analysis from the Bank of...
Suddenly, Canadian Banks Don't Look All That Safe

Suddenly, Canadian Banks Don't Look All That Safe

CP  01.30.2015
TORONTO - Barclays has downgraded the stocks of three of Canada's biggest banks, citing concerns about the country's economic growth.Analyst...
Percentage Of Canadians With A Job Hits 13-Year Low

Percentage Of Canadians With A Job Hits 13-Year Low

Sunny Freeman  01. 9.2015
The number of Canadians who have a job or are actively looking for work has reached a 13-year low. Canada’s labour participation rate...
Canadians Now Spending More On Renovations Than On Houses

Canadians Now Spending More On Renovations Than On Houses

BuzzBuzzHome  12.17.2014
BuzzBuzzHome: Brendan Charters doesn’t expect his calendar to clear up anytime soon. The co-founder of Eurodale Developments in Toronto...

Canadian Banks Made $31.7 Billion In Profit In The Past Year

CP  12. 5.2014
TORONTO - Canada's top banks saw their fourth-quarter profits edge higher this year, but they warned that a slew of headwinds — including...

BMO Earnings Miss The Mark

CP  12. 2.2014
TORONTO - The Bank of Montreal (TSX:BMO) says it's keeping a close eye on oil prices, which could have an impact on both revenues from...
Toronto Stock Exchange, Loonie Plunge Amid Oil Price Collapse

Toronto Stock Exchange, Loonie Plunge Amid Oil Price Collapse

Daniel Tencer  11.28.2014
Oil prices will shave $15 billion to $20 billion from Canada’s economy annually if they stay at current, lower levels, the Bank of Montreal...
These Cities Are Seeing Falling House Prices

These Cities Are Seeing Falling House Prices

Daniel Tencer  11.15.2014
With the U.S. economic recovery now firmly in place, the Bank of Montreal sees interest rates rising next year. And that will “cool red-hot...
Charity Is On The Rise In Canada

Charity Is On The Rise In Canada

CP  11.14.2014
TORONTO - A new poll says charitable giving by Canadians remains on the rise and is expected to increase yet again next year.The poll,...
Sliding Oil Prices Will Cost Ottawa Billions, ‘Re-Order' Economy

Sliding Oil Prices Will Cost Ottawa Billions, ‘Re-Order' Economy

Daniel Tencer  10.20.2014
The steep drop in oil prices in recent months will cost Canada’s federal government as much as $3 billion in lost revenue, according...
Controversial Trade Deal Not Happening Anytime Soon: BMO

Controversial Trade Deal Not Happening Anytime Soon: BMO

Sunny Freeman  09.23.2014
The controversial Trans-Pacific Partnership (TPP) agreement may be crucial for Canada’s economy, but it’s unlikely to close anytime...