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Average net worth held at just over $1 million per household in third quarter, Statistics Canada said. But wealth gap is growingCanadians’ collective household wealth climbed to $17.3 trillion in the third quarter, marking the seventh increase in the last ei...

Schamotta: Currency traders are bracing themselvesCurrency expert Karl Schamotta talks with Financial Post’s Larysa Harapyn about the loonie — already down significantly this year against the greenback — as the Canadian and U.S. economies and central banks p...

Brings key policy rate to 3.25% The Bank of Canada cut its policy rate by 50 basis points to 3.25 per cent on Wednesday, a move widely expected by economists and markets. The Dec. 11 decision marks the fifth consecutive cut by the central bank this year and...

Move expected to provide significant relief to the real estate sector, easing borrowing costs and stimulating demandThe Bank of Canada announced today that it will lower its key overnight rate by 50 basis points to 3.25 per cent, marking its fifth consecutiv...

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 MogoXMoka MogoXMoka Online outrage may miss some...

Economic landscape is shifting as signs emerge that inflation could be on the rise againThe Bank of Canada cut its benchmark lending rate by 50 basis points on Wednesday to 3.25 per cent. We apologize, but this video has failed to load. Try refreshing you...

Canada's biggest banks are reducing their lending ratesCanada’s big banks cut their prime rates following the lead of the Bank of Canada Wednesday. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

Deputy chief economist Benjamin Tal talks about the factors guiding central bank policymakersCIBC deputy chief economist Benjamin Tal talks with Financial Post’s Larysa Harapyn about the factors that will influence the Bank of Canada‘s next interest rate dec...

If U.S. president-elect Donald Trump’s joke about making Canada the 51st state touched a nerve, it's because Prime Minister Justin Trudeau has made it seem much more likelyA flurry of satirical articles and angry comebacks followed U.S. president-elect Donal...

Kim Moody: The first option is that Ottawa will see the light and abandon it, but that won't happenReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links...