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%) |
Bank of Canada will raise interest rate in July 2014: BMO economist
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.
| 12,322.24 | -45.22 | (-0.37%) | |
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| 924.42 | -5.57 | (-0.60%) | |
| 15,294.83 | -23.40 | (-0.15%) | ||
| 1,648.57 | -3.24 | (-0.20%) |
Top stories
Orascom Telecom Holding announced Wednesday that it is pulling back its application to acquire full control of Wind Mobile Canada, in which it already held a partial interest.
TORONTO - Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.
Wed Jun 19, 2013 12:01pm EDT. * Stocks flat before Fed statement, Bernanke news conference. * Adobe, FedEx shares rise after results.
Imperial Oil is closing its refinery in Eastern Passage and converting it into a marine terminal. The company said it could not find a buyer for its facility to continue operating as a refinery.
Norwegian oil giant Statoil ASA said Wednesday it made a big discovery of light oil offshore Newfoundland, the latest find in Canada's Atlantic region--a big and fast-growing petroleum play that's often overshadowed by the country's western oil-sands ...
Trends
| Popular searches on Google | Change | Mkt Cap | |
| BBD.B | Bombardier, Inc. | 1.97% | 8.16B |
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 |