Statistics Canada says the ratio of household debt to disposable income hit a record level in the fourth quarter as mortgage borrowing rose and disposable income fell. The agency says on a seasonall… [+1086 chars]
There are no Tim Hortons restaurants in Russia, but that hasn't stopped scores of Canadians from sending the restaurant chain angry messages on social media about doing business in the country. The… [+5399 chars]
Brent crude fluctuated at the end of a volatile week as Russias war in Ukraine kept markets on edge and talks on an Iranian nuclear deal stalled. Futures in London added 0.7% on Friday, the smallest… [+2438 chars]
U.S. stocks extended losses in late-day trading Friday as risk sentiment deteriorated after Ukraines top diplomat said he didnt see progress in talks with Russia. Comments by Ukrainian Foreign Mini… [+3550 chars]
Canadians continued to pile into real estate last year, pushing prices and debt levels to new records. The value of real estate owned by households in Canada rose $1.5 trillion (US$1.2 trillion) to … [+891 chars]
Whenever Subaru releases a new WRX, we expect its higher-performing sibling, the much-loved WRX STI, to follow closely behind. And with the introduction of the 2022 WRX last year, we assumed we'd als… [+1860 chars]
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+1447 chars]
Article content The wild ride at the gas pumps isnt over yet. Londoners have been paying close to $2 a litre for gas recently, but the price is expected to plunge about 15 cents a litre Friday and … [+2512 chars]
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+3595 chars]
Women and children arrive at a makeshift camp to board a train heading to Krakow after fleeing Ukraine, at the border crossing in Medyka, Poland, Thursday, March 10, 2022. The war in Ukraine is forci… [+3281 chars]
The U.S. stock market put in a resilient performance on Thursday, given the data showing inflation surging to a new 40-year high even before the impact of the recent sanctions on Russia, what appeare… [+5339 chars]
As technology continues to revolutionize the way people live, work and spend, central banks around the globe have kicked off efforts to reinvent their local currencies for the digital era. Now, the U… [+6336 chars]