Posthaste: U.S. Treasuries just got toppled from the world’s foreign reserve throne

Who are the biggest gold bugs of them all? Central banks apparently. Bullion has now overtaken U.S. Treasuries as the largest share of foreign reserves held by central banks, the…

Canada’s economy posts biggest trade surplus since before Trump’s tariffs

Canada posted a trade surplus for the second consecutive month in April, driven primarily by higher prices for oil and…

Canada’s high oil price ‘conundrum’

Karl Schamotta, chief market strategist Corpay, talks about why the Canadian dollar is weaker than you might expect. Bank of…

Posthaste: Why economists say we should ‘fade’ market bets on the Bank of Canada

Last time the Bank of Canada decided on interest rates , market expectations of hikes later this year shot up,…

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Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its…

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Posthaste: The province leading RBC’s growth forecast by a mile might surprise you

Only one Canadian province will buck the national trend of decelerating growth this year, fuelled by higher resource prices, predicts the Royal Bank of Canada.…

Amazon’s record bond deal shakes up Canada’s credit market

Amazon.com Inc. ’s record loonie bond sale has the Canadian fixed income market working hard to accommodate the deluge of debt, pushing risk spreads higher…

SpaceX smashes records with $75 billion IPO — now it has to win over the market

SpaceX made history with a US$75 billion IPO that instantly turned it into one of the biggest public companies in the world. Now it has…

SpaceX shares jump in second day of trading after record IPO

SpaceX shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the…

Posthaste: Canada’s ‘other’ condo meltdown could be the worst on record

Toronto might be the poster child for a condo collapse in this country, but there’s another market that’s also headed for a historic meltdown, economists…

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