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The oilsands major also faces a $2.6-billion writedown on an asset with a checkered track record Suncor Energy Inc.’s buyout of Teck Resource Ltd.’s stake in the Fort Hills mine in northern Alberta will cost more than the $1-billion purchase pr...

Move could be interpreted as bullying the Competition Commissioner into doing what the government wants At 5.30 pm on Oct. 25, Industry Minister François-Philippe Champagne announced that he was denying the wholesale transfer of wireless spectr...

RBC expects $1.6 trillion to vanish under the weight of rising interest rates and falling home prices We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our te...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Most economists p...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Macklem is unwill...

U.S. stocks rose on Tuesday after a fresh batch of corporate earnings largely beat estimates even as investors weighed risks to economic growth from the Federal Reserve raising interest rates to combat inflation. The S&P 500 and the Nasdaq 100 rose for a t...

When investor exuberance in tech stocks faded as COVID-19 spending habits petered out and recession predictions grew, the head of the Silicon Valley Bank's Canadian arm knew what would keep startups going: venture debt. The loans obtained by early-stage co...

Amid economic uncertainty, one equity strategist recommends positioning portfolios defensively and sees IT, health care and energy sectors as areas of interest.  Scott Wren, a senior global equity strategist at Wells Fargo Investment Institute, said in an...

The chair of the Ontario Securities Commission has stepped down less than a year after taking the job. A spokesperson for Ontario Finance Minister Peter Bethlenfalvy says the minister accepted Heather Zordel's resignation on Oct. 21. Sign up to get b...

John Zechner, chairman and founder, J. Zechner Associates  FOCUS: North American large-cap stocks MARKET OUTLOOK: Our strategy since last fall has been to hold slight underweight positions in both stocks and bonds and a higher-than-normal cash bala...