Canadian economic concerns and a devastating drop in oil prices is weighing on sentiment toward bank stocks: Share prices are down sharply and one analyst is now raising eyebrows with a downward shift in his outlook for the sector.
WASHINGTON (Reuters) - U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.
CIBC LOGO A pedestrian walks past the CIBC ATM machines in Montreal, April 24, 2014. (REUTERS/Christinne Muschi) ? Change text size for the story; Print this story.
Canada's housing market is already seeing the impact of falling interest rates, with nearly half of Canadians telling a new survey that they are planning to buy a home in the next five years and more than 15 per cent saying cheaper mortgage rates will allow ...
The International Monetary Fund has cautioned Ottawa to go easy on its deficit-fighting zeal, in light of the growing risks to Canada's economic health.