Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss. STOCKHOLM — ...

Among the cautious voices are leaders in commercial real estate (CRE), where the impact of lower interest rates is still seen as limited in the near term. According to Peter Norman, vice-president at ...

Canada has fallen in a global ranking of tax competitiveness after Ottawa raised the capital gains inclusion rate this year.

Australian shares are set to waver; Dow Jones falls; IBM results disappoint; gold nears record; oil prices fall 1 per cent.

Bank of Canada cuts interest rates to 3.75% for a reduction of 50 basis points. See historical rates and the economic ...

“When Central Banks enter the cutting cycle following a sharp rate run-up to break inflation the idea is constant 25 bps cuts to show no panic about economic decline,” says irascible mortgage ...

Luxury condominium sales declined throughout Toronto and Vancouver in the third quarter due to the demand for single-family homes dominating the high-end housing market, according to a recent report ...

Steinbach Credit Union (SCU) has followed a move by the Bank of Canada and has lowered its interest rates. The Bank of Canada ...

Last month, the US Federal Reserve made its own jumbo cut, lowering interest rates by half a point, a deeper cut than many ...

In its monetary policy report the bank revised down its estimate of annualized third-quarter GDP to 1.5% from 2.8% in July.

Canadian financial institutions are lowering their prime lending rates to match the decrease announced by the Bank of Canada.

The housing market is one of Canada’s biggest economic engines. The Bank of Canada is now trying to stoke it with a ...