Category: Canadian Business

TSX heads higher in early morning trading, U.S. markets mixed

Canada’s main stock index headed higher in late-morning trading, boosted by a broad-based rally. The S&P/TSX composite index was up 41.91 points to 15,278.58, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 16.77 points to 22,348.12. The S&P 500 index was down 0.31 of a point to 2,503.56…

You may have all you really need to retire. Here’s why

Let’s face it: Planning for retirement and figuring out if you can afford it can be a total nightmare. For starters, the financial industry constantly tells us we aren’t saving enough for life after work and that we probably won’t be able to afford to leave when it’s time to go. Meanwhile banks and brokers…

Bank of Canada calls for nominations for the 2018 Fellowship Program awards

The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2018 Fellowship and Governor’s awards. Presented annually, these awards distinguish and support the work of academics who are making exemplary contributions to economic and financial research in Canada. Because issues related to central banking extend beyond traditional monetary policy theory,…

Canada’s privacy watchdog launches probe into Equifax hack

OTTAWA — Canada’s privacy watchdog says it has opened an investigation into the massive Equifax Inc. data breach after receiving several complaints and dozens of calls from concerned Canadians. More coming Read more: Canadians more in the dark than U.S. consumers about Equifax hack TORONTO STAR | BUSINESS