Daily News

Source: Financialpost December 08, 2022

TC Energy declares force majeure after Keystone oil spill

TC Energy says emergency shutdown and response initiated last night TC Energy Corp. declared force majeure on its Keystone oil pipeline system after an oil spill into a Kansas creek forced the company to shut the line, according to people famil...

Source: Financialpost December 08, 2022

Bank of Canada has established its inflation fighting cred. Now it's up to the numbers

Kevin Carmichael: And if current trends hold, the central bank probably will pause in January Those who inferred from the Bank of Canada’s relatively terse policy statement that it won’t necessarily be raising interest rates in January were cor...

Source: Financialpost December 08, 2022

Paying taxes in instalments can bring trouble with the CRA if you make this mistake

Jamie Golombek: Choosing the wrong payment option can lead to arrears interest and even instalment penalties Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purcha...

Commodities Source: BNN Bloomberg December 07, 2022

Eric Nuttall: Despite dropping oil prices, the market is undersupplied

Volatility in oil prices has not shaken one prominent energy investor, who says the world’s oil market remains undersupplied.  Sign up to get breaking news email alerts sent directly to your inbox West Texas Intermediate (WTI) fell 2.46 per cent Tu...

Market Call Source: BNN Bloomberg December 07, 2022

Andrew Pyle's Top Picks: December 6, 2022

Andrew Pyle, senior financial advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities  MARKET OUTLOOK: The recovery in equities over the past number of weeks reflects an overly optimistic view toward a pivot in central bank po...

Source: Bankofcanada December 07, 2022

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening. I...

Source: Financialpost December 07, 2022

Posthaste: Canadians balk at being forced to pay an extra fee for credit card purchases

More than two in five say they'd take their money elsewhere if a big company charged a 1.5% fee to pay with a credit card Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissio...

Source: Financialpost December 07, 2022

Opinion: The Parliamentary Budget Officer just debunked climate alarmism

This is the opposite of an 'emergency' or 'crisis' By Ross McKitrick We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Opinion: The Parliame...

Source: Financialpost December 07, 2022

Opening the door to a pause: What economists say about the Bank of Canada decision

Language signals future hikes are no longer a foregone conclusion Bank of Canada governor Tiff Macklem delivered another 50-basis-point rate hike Wednesday, pushing the benchmark overnight lending rate to 4.25 per cent....

Source: Financialpost December 07, 2022

Big banks raise prime rate to 6.45% following Bank of Canada hike

Rate will go up by 50 basis points on Dec. 8 Canada’s big banks fell into step with the Bank of Canada and raised their prime lending rates Wednesday. We apologize, but this video has failed to load. Try refreshing your...