Big Six earnings buoyed by loan-loss clawbacks amid improving economic picture

The biggest banks in Canada are starting to claw back some of the loan-loss reserves they built up in the early day...

BMO, Scotiabank see economic winds favouring U.S. amid speedier vaccine rollout

Two of Canada’s biggest banks see a brightening economic picture in 2021, but expect the country’s reco...

Three-day work week, anyone? Report details ways pandemic may change labour markets

The COVID-19 pandemic is fuelling trends that could have far-reaching effects on the Canadian labour market, includ...

Ontario spending ticks up by $2.6 billion amid ongoing pressure from pandemic

The Ontario government says the COVID-19 pandemic is further driving up its already record levels of spending, prom...

Second wave lockdowns wallop jobs market in January, but gain in hours worked a silver lining

The COVID-19 pandemic and renewed public-health restrictions meant to contain it knocked Canadian employment back t...

‘We are missing out’: As another Super Bowl passes, calls to punt single-game betting ban are getting louder

When the Kansas City Chiefs and the Tampa Bay Buccaneers square off this Sunday in the Super Bowl, many in the Canadian gambling industry will be hoping it’s the end of an era. ...

Six billion dollars and counting: Major tax battle between the CRA and Canada’s big banks shows no signs of abating

A major tax battle between the Canada Revenue Agency and the country’s six biggest banks has more than doubled in size over the past few years, with the lenders saying they are being reassesse...

Virtual financing: How Bay Street hunkered down at home to raise record $500B for cash-strapped governments, firms

Dealmaking may forever be separated into two distinct periods: before COVID-19&...

Bank of Canada warns surging loonie could pose risk to economic outlook

The Bank of Canada says a stronger loonie has re-emerged as a risk to its outlook for inflation, warning that the c...

Canadians piling on mortgage debt as hot housing market continues

Canadians have been taking on more and more mortgage debt despite the ongoing COVID-19 pandemic, as borrowers try t...