The next economic downturn will result in higher credit card losses at Canadian banks than the last recession due to the “unprecedented” levels of consumer debt fuelled by the housing boom, says Moody's Investors Service.
Sockeye salmon sit on a commercial fishing boat as they're unloaded at Steveston Harbour during a 32-hour fishery window in Richmond, B.C.
Robo-adviser Wealthsimple has launched a new investment portfolio for observant Muslims, a move the company says builds off its success targeting smaller, underserviced groups of investors.
OTTAWA - The upcoming enrichment of the Canada Pension Plan will help fuel a 48-fold boost to the public fund's assets over the long haul - to more than $15.8 trillion by 2090, according to federal calculations.
Victoria-Beacon Hill MLA Carole James is the new minister of finance and deputy premier Photograph By . Related. Costs for record-breaking wildfires soar in B.C.