Treasuries advance with U.S. shutdown on cusp of fourth week
Treasuries gained, with the 30-year yield reaching the lowest level since early April, amid similar price action in…
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Bank of Canada survey shows firms can’t shake trade angst
The Bank of Canada’s survey of businesses shows firms are still worried the ongoing trade war will limit their sales,…
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Average home price must fall in Canada to restore affordability, minister says
Federal Housing Minister Gregor Robertson says the average price of housing — not necessarily individual home values —…
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Canada’s big banks diverge on 2026 rate forecasts as easing cycle nears its end
After a year of expected rate cuts, forecasters are starting to question how long Canada’s easing cycle will last—and…
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First National raises $800 million in bond sale ahead of private equity takeover
The non-bank lender upsized its bond sale to $800 million ahead of its planned acquisition by Birch Hill Equity Partners…
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Scotiabank to cut jobs across its Canadian banking unit
Bank of Nova Scotia is cutting jobs across its Canadian banking division as part of the firm’s effort to boost long-term…
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The mortgage renewal gold rush is a mirage. Here’s what brokers can do instead
For the past 18 months, brokers have been told the same story: a massive renewal wave is coming, and it’s your big…
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September home sales up 5% as real estate association expects strong end to the year
The Canadian Real Estate Association has upgraded its forecast for home sales in 2025, saying it now expects a softer…
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