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9:42AM EDT

World markets

Shanghai 2,302.40 -2.71 (-0.12%)
Nikkei 225 15,627.26 +246.24 (1.60%)
Hang Seng Index 23,261.08 -105.29 (-0.45%)
TSEC 8,398.84 +15.79 (0.19%)
FTSE 100 6,830.62 +26.75 (0.39%)
EURO STOXX 50 2,815.71 -5.94 (-0.21%)
CAC 40 4,026.13 -10.05 (-0.25%)
S&P/ASX 200 5,165.40 -14.70 (-0.28%)
BSE Sensex 20,062.24 -49.37 (-0.25%)
KOSPI 1,993.83 +12.74 (0.64%)

Currencies

CAD/USD 0.9698 -0.0032 (-0.33%)
CAD/EUR 0.7499 -0.0038 (-0.51%)
CAD/JPY 99.8642 +0.2729 (0.27%)
CAD/GBP 0.6428 +0.0014 (0.22%)
CAD/HKD 7.5272 -0.0244 (-0.32%)
CAD/AUD 0.9930 +0.0006 (0.06%)
Paying off bills hurting Canadians' ability to save: study
MONTREAL -- Almost a third of Canadian households report never or almost never having any money left to save after paying their bills, according to a new study issued Wednesday.
One-third of Canadian households living paycheque to paycheque  
Paying bills and consumer consumption hurting Canadians' ability to save: study  
Market Chart
12,796.51 +54.08 (0.42%)
945.71 +6.30 (0.67%)
15,429.58 +42.00 (0.27%)
1,674.03 +4.87 (0.29%)

Top stories

The Canadian Association of Accredited Mortgage Professionals is warning that new-home construction will drop dramatically within the next two years, resulting in a loss of about 80,000 construction and related jobs by mid-2015.
CALGARY - Fewer Calgary homeowners intend to buy a property in the next five years, according to the BMO Housing Confidence Report released on Wednesday.
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.
Retail sales stayed flat at $39.5 billion in March, as sales increased in volume terms despite lower prices for gasoline. Statistics Canada said in volume terms, retail sales were up 0.7 per cent.
Wed May 22, 2013 8:36am EDT. * First-quarter loss C$0.31/shr vs profit C$0.91/share last yr. * Revenue falls 6.6 pct, same-store sales dip 2.6 pct.

Trends

Popular searches on GoogleChange Mkt Cap
DI.UN Dundee International Real Estate Inves -0.09% 777.68M

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% -0.0019
Corporate paper, 1 month 1.12% 0.00
Treasury bill, 1 month 0.950% 0.00
Inflation
Total consumer price index 0.400% -0.6000
Interest rates
10 year bond 2.34% 0.00
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00