After being closed on Tuesday, Canada's bond market had to play catch-up to the U.S. market. Here's what jostled our 5-year yield, and in which direction:
Changes to CMHC's MLI Select program in the last year have "reduced the attractiveness" of the agency's multi-unit financing, relative to conventional construction financing. So says Versabank CEO David Taylor, who's seen applications for the product "dry up" at his
On April 8, stock market anxiety hit an extreme that's seldom been equalled.
Wall Street's VIX (a.k.a. "fear index") spiked above 52, the highest on record apart from the #GFC# (2008-09) and pandemic (2020).
Yet here we are, a mere 12 weeks
Well, that didn't take long. Turns out the quickest route to a Canadian policy reversal is a Trump tweet and a whiff of recession.
After Trump threatened new tariffs over Canada’s digital services tax (DST), Carney pulled the plug faster than a fire marshal at a pyro