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TSX drops on global growth concerns
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TSX drops on global growth concerns

Toronto’s main stock index dropped on Monday to its lowest in nearly five months as energy, materials and financial issues receded on concerns about global economic growth. The broad-based decline came on thin trading on a day when U.S. markets were closed for the Independence Day holiday. Among the biggest decliners, Suncor Energy lost 0.9 […]

HST kicks in Canada Day – drives up prices
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HST kicks in Canada Day – drives up prices

Ontarians expecting some immediate price hikes on Canada Day when the new harmonized sales tax comes into effect scrambled to make their last-minute purchases Wednesday hoping to save on the cost of gasoline at the pumps. With only half a tank of gas, Toronto film technician Dean Ford made sure to fill up before the […]

Canada’s economic recovery stalls in April
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Canada’s economic recovery stalls in April

Canada’s economy stalled in April on a slide in retail sales, suggesting the pace of growth is slowing and that the central bank may think twice about raising interest rates again this month. Statistics Canada said on Wednesday real gross domestic product was flat in the month after seven straight months of expansion and the […]