Latest from Rajeshni Naidu-Ghelani
Trade war darkens economic forecasts for Canada
Two big banks cut Canada's growth forecasts on rising trade tensions this week, and others could follow suit if the new U.S. tariffs against Mexico are implemented next week.
Canada Goose shares plunge 30% after sales outlook rattles investors
Shares of Canada Goose tumbled more than 30 per cent on Wednesday after the luxury retailer's fiscal fourth quarter earnings, and sales outlook sparked concerns over whether its explosive growth could be winding down.
Canada's energy sector swings to profit in Q1 on higher oil prices
Canada's energy sector saw a big bump in profit in the first quarter this year as rising oil prices helped businesses swing from a loss in the previous quarter, according to the latest federal government data.
New mortgage loans slowed in Canada but overall value is still rising, says CMHC
The number of mortgage loans in Canada grew at a slower pace in the fourth quarter as housing activity cooled, according to a new report from the Canadian Mortgage and Housing Corporation, but the value of all mortgages is still rising.
Canada a leader among G20 for plan to phase out coal, says report
Canada is among the leaders in the world when it comes to phasing out the use of coal for power generation, according to a recent report that shows the country drastically reduced coal supply over a five-year period.
Number of temp workers jumped by 50% in last 20 years, StatsCan says
The number of temporary workers in Canada increased by 50 per cent in the last 20 years — rising faster than the number of permanent jobs — according to the latest data from Statistics Canada.
Gas prices could jump another 15 cents by summer — and it's not because of the carbon tax
Drivers hit by a jump in gas prices at the pumps this week after the introduction of the carbon tax should brace themselves for even higher prices in the coming months, with some analysts predicting gasoline prices will rise another 10 to 15 cents a litre by this summer.
The cost of having children — women lose earnings for 5 years after birth: RBC
Having children comes at a "significant" cost for a woman's career, according to a recent report from the Royal Bank of Canada, which says women lose earnings for up to five years after giving birth.
New home construction to decline for next two years, says report
The construction of new homes in Canada will continue to decline for the next two years as the economy slows and higher interest rates weigh on consumers, according to a new report from Altus Group.
TD bank predicts loonie may fall to 71 cents US as Canadian dollar's outlook shifts 'considerably'
A combination of a deeper than anticipated slowdown in the economy, the likelihood of Bank of Canada ending its hiking cycle, and oil's divergence from the loonie, will lead the Canadian dollar to weaken further this year, according to analysts.