Peter Armstrong

Heading into this week’s federal budget, one question loomed large: would new spending fuel inflation and make it harder for the Bank of Canada to start cutting interest rates?

Tesla’s earnings are being heralded as an ‘unmitigated disaster.’ A drop in production and deliveries presents a fork in the road and a real challenge for EV makers worldwide.

A landmark deal in the U.S. may lead to enormous changes in how real estate agents are paid. In Canada, two lawsuits filed against various real estate bodies want the courts to come to the same conclusion and force wholesale change in the way Realtors charge their fees.

The Bank of Canada left interest rates unchanged this week, at least in part because it doesn’t want to add fuel to a real estate market that’s already heating up.

Toronto Maple Leafs captain John Tavares is taking the Canada Revenue Agency to court over an $8 million tax bill in a case experts say could be pivotal for some pro athletes, perhaps affecting with which teams they sign.

As inflation comes under control, there is a growing chorus calling on the central bank to cut interest rates, easing at least some affordability issues. But Bank of Canada governor Tiff Macklem says a lower interest rate isn’t the silver bullet people are hoping for.

Canadian households, clobbered by rising interest rates, are desperate for word from the Bank of Canada on when they may start to fall. But central bank governor Tiff Macklem refuses to give them a “false sense of precision.”

Houthi attacks on Red Sea shipping lanes has not yet blossomed into global shipping crisis, but with inflation still smoldering, it wont take much to re-ignite price chaos.

U.S. financial regulators have formally approved new bitcoin exchange-traded funds. The move is being heralded as a landmark moment in the history of cryptocurrency and its acceptance into mainstream financial markets.

Canadian consumers were clobbered by skyrocketing interest rates and stubbornly high price growth last year. They should see progress on both fronts in 2024. But the new year will also bring new challenges.

Tech companies like WeWork enter the market with big promises to disrupt and make life better, cooler or easier. At first they’re willing to lose millions of dollars a month, but they eventually start to behave more and more like the incumbents. But by then, the existing industry has been changed as well.

The American and Canadian economies are very similar. Inflation is decelerating, employment remains robust, but one is growing by 4.9 per cent while the other is flirting with a recession.

Inflation is decelerating, which should give the Bank of Canada enough wiggle room to pause interest rate hikes. But there’s a big difference between things not getting worse and things getting better.

The price of oil shot up and global markets fell in the wake of an unprecedented Hamas attack on Israeli civilians this weekend and retaliation from Israel in Gaza. Here’s what to watch in the days and weeks ahead.

Economic data has been surprisingly resilient, but financial markets don’t believe the numbers. What messages and warnings are markets sending — and should we be heeding them?

A wave of key economic data will be released this week. They’ll show not just where the economy is but determine whether the Bank of Canada will continue to push ahead with interest rate hikes.

The Bank of Canada will announce its latest interest rate policy on Wednesday. The central bank appears poised to make good on its promise to pause rate increases.

The Bank of Canada will announce its latest interest rate policy on Wednesday. The central bank appears poised to make good on its promise to pause rate increases.

The Bank of Canada is trying to get inflation all the way down to two per cent. But many of the forces that kept inflation low and stable for decades may have “run their course.”

Canada added 150,000 jobs last month even as inflation decelerated. That’s challenging basic economic theory about what is supposed to be happening.