The Canadian Real Estate Association says seasonally adjusted home sales were down 3.3 per cent on a month-over-month basis in November. The association said Thursday the move lower more than erased the gain seen in October and resumed the overall trend lower for the year. CREA said about 60 per cent of all local markets … Read more
The Canadian dollar CADUSD weakened to a six-day low against its US counterpart on Monday, as investors worried that signs of US economic resilience would extend the length of the Federal Reserve’s campaign to raise interest rates. The loonie was trading 1% lower at 1.3601 to the greenback, or 73.52 US cents, its weakest level … Read more
Planning for the festive season often involves shopping for liquor on your to-do list. Whether you need to restock your bar cart or are on the hunt for tasty gifts, here is a selection of spirits covering a range of styles and flavors that share an enjoyable character. Most are easy to find, and many … Read more
The Canadian dollar CADUSD was little changed against its broadly weaker US counterpart on Thursday as lower oil prices offset a dovish signal on the pace of interest rate hikes from the US Federal Reserve. World shares touched a two-month high and the US dollar swooped towards a three-month low against a basket of major … Read more
The Canadian CADUSD dollar weakened to its lowest level in 11 days against its US counterpart on Monday as rising COVID-19 cases in China weighed on investor sentiment and speculation that OPEC would increase output led to volatility in the price of oil. The loonie was trading 0.4% lower at 1.3440 to the greenback, or … Read more
Got a craving for Doritos, Ruffles or Miss Vickie’s? You’ll have to satisfy it somewhere other than Loblaws. Or Shoppers. Oh Zehrs. Oh Fortinos. Or any of the other chains owned by Loblaw Cos., after Frito-Lay Canada stopped shipping its snack-food brands to the country’s biggest grocery retailer this week amidst a pricing dispute. Frito-Lay, … Read more
The Canadian dollar CADUSD strengthened against its US counterpart on Thursday as commodity prices climbed and investors weighed the resignation of the British prime minister. The price of oil, one of Canada’s major exports, rose in response to tighter supplies and on news that China is considering a cut in the duration of quarantine for … Read more
In this image taken on Monday, Oct. 15, 2018, an expert wine tester shakes a glass of Prosecco during a wine testing at the Case Paolin farm, in Volpago del Montello, Italy. Prosecco has become the best-selling sparkling wine in the world, and experts say it is eroding the more casual corner of champagne’s market … Read more
The Canadian dollar CADUSD weakened to a 10-day low against its broadly stronger US counterpart on Thursday as investors continued to assess minutes from the Federal Reserve’s latest policy meeting, but the decline was limited as oil prices moved higher. The loonie was down 0.1% at 1.2920 to the greenback, or 77.40 US cents, after … Read more
The Canadian dollar CADUSD edged lower against its US counterpart on Friday as oil prices fell, but the currency still notched its biggest weekly gain this year as signs of US inflation peaking eased worries of aggressive tightening by the Federal Reserve. The loonie was trading 0.1% lower at 1.2775 to the greenback, or 78.28 … Read more
