World markets
| Shanghai | 2,143.45 | -15.84 (-0.73%) |
| Nikkei 225 | 13,245.22 | +237.94 (1.83%) |
| Hang Seng Index | 20,986.89 | -238.99 (-1.13%) |
| TSEC | 8,007.39 | -3.63 (-0.05%) |
| FTSE 100 | 6,348.82 | -25.39 (-0.40%) |
| EURO STOXX 50 | 2,683.98 | -16.95 (-0.63%) |
| CAC 40 | 3,839.34 | -21.21 (-0.55%) |
| S&P/ASX 200 | 4,861.40 | +47.00 (0.98%) |
| BSE Sensex | 19,245.70 | +22.42 (0.12%) |
| KOSPI | 1,888.31 | -12.31 (-0.65%) |
Poloz says business must regain confidence for economy to rebound
The Canadian economy needs to rebuild its capacity and strengthen business confidence the newly- appointed governor of the Bank of Canada said on Wednesday.
| 12,310.04 | -57.42 | (-0.46%) | |
|
| 926.10 | -3.89 | (-0.42%) | |
| 15,301.41 | -16.82 | (-0.11%) | ||
| 1,650.01 | -1.80 | (-0.11%) |
Top stories
The Toronto stock market was lower Wednesday as traders hoped that the U.S. Federal Reserve will shed some light on what it intends to do about curbing some of its economic stimulus.
TORONTO - An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S.
MONTREAL - Orascom Telecom Holding says it's withdrawing an application to acquire control of Wind Mobile Canada, one of the smaller wireless carriers that's seeking to grow into a stronger rival for the country's three main cellphone companies.
TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
Grocery giant Loblaw Cos. Ltd. is testing a new discount store in Calgary as it braces for intensified competition from low-cost U.S.
Trends
| Gainers | Change | Mkt Cap | |
| THO | Tahoe Resources Inc | 4.82% | 2.09B |
| UNG-C | Union Gas | 3.85% | 3.12B |
| SCC | Sears Canada Inc | 3.84% | 1.16B |
| BBD.B | Bombardier, Inc. | 3.73% | 8.30B |
| BBD.A | Bombardier, Inc. | 3.26% | 8.31B |
| Losers | Change | Mkt Cap | |
| BB | Research In Motion Ltd | -4.56% | 7.57B |
| TCW | Trican Well Service Ltd. | -3.55% | 2.26B |
| NBD | Norbord, Inc. | -3.34% | 1.85B |
| ATH | Athabasca Oil Corp | -3.02% | 2.96B |
| PRE | Pacific Rubiales Energy Corp. | -2.91% | 6.68B |
Excludes stocks with mkt cap less than $1B.
Learn more
Bank of Canada daily digest
| Money markets | Change | |
| Overnight rate | 1.01% | +0.0051 |
| Corporate paper, 1 month | 1.12% | 0.00 |
| Treasury bill, 1 month | 1.01% | 0.00 |
| Inflation | ||
| Total consumer price index | 0.400% | -0.6000 |
| Interest rates | ||
| 10 year bond | 2.62% | +0.0100 |
| Prime business rate | 3.00% | 0.00 |
| Conventional mortgage, 5 yrs | 5.14% | 0.00 |