Home Capital Group Inc.'s shares plunged nearly 65 per cent on Wednesday, pulling down the stocks of other alternative mortgage lenders along with it.
In the U.S., the Dow Jones Industrial Average decreased 0.10 per cent, the S&P 500 index lost 0.05 per cent, and the Nasdaq composite index was relatively unchanged.
Donald Trump's aggressive tax-cut proposal is seen as a hard sell to Congress. What's surprising is that investors don't seem to be buying the value, or possibility, of a large rate cut, either.
HALIFAX -- Nova Scotia's Liberal government is bringing in a broad middle-class tax cut as it tables a budget with a $25.9-million surplus, seeding the ground for what many believe is an imminent election call.
If the United States refuses to come to the negotiating table, and the legal wrangling over the softwood lumber dispute drags on, Canada may want to consider retaliatory action, according to the man tasked with representing British Columbia in the matter.